REQUIREMENTS ETC. RELATING TO SHARE OPTIONS: INTRODUCTION

Related Commentary  

27(1)  An SAYE option scheme must meet the requirements of–

paragraph 28 (requirements as to price for acquisition of shares),

paragraph 29 (share options must not be transferable),

paragraph 30 (time for exercising options: general),

paragraph 32 (exercise of options: death), and

paragraph 34 (exercise of options: scheme-related employment ends).

27(2)  An SAYE option scheme may make any provision authorised by–

paragraph 36 (exercise of options: employment in associated company at bonus date), and

paragraph 37 (exercise of options: company events).

History

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.