Section 516 | ... SAYE option schemes ^F1F2

(1)This Chapter provides—

(a)Repealed

(b)for exemptions from income tax in connection with share options granted under SAYE option schemes which are Schedule 3 SAYE option schemes.^F3

(2)Repealed

(3)The provisions of—

(a)this and the following sections of this Chapter,

(b)Schedule 3, and

(c)Part 2 of Schedule 7D to TCGA 1992 (Schedule 3 SAYE option schemes: amount of consideration on exercise of option),^F4

together constitute “the SAYE code”.

(4)In the SAYE code—

(5)Other expressions used in the SAYE code and contained in the index at the end of Schedule 3 have the meaning indicated by the index.