Section 186

Cross references

FA 1996, s. 116(3): “release date” and profit sharing schemes.

FA 1996, s. 117(3): “appropriate percentage” and profit sharing schemes.

ITEPA 2003, s. 418(3): because of the phasing-out of profit sharing schemes, Sch. 10 continues in force for schemes approved under Sch. 9 and is not rewritten in the FA 2003, Sch. 22 amendments to ITEPA 2003.

ITEPA 2003, Sch. 7, para. 75: discretionary share option schemes approved before 29 April 1996.


LIMITATIONS ON CONTRACTUAL OBLIGATIONS OF PARTICIPANTS

1(1)  Any obligation placed on the participant by virtue of paragraph 2(2) of Schedule 9 shall not prevent the participant from–

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.