Discretionary Share Option Schemes in the Privatised Utilities

Part of New clause 1 – in the House of Commons at 5:15 pm on 3rd April 1995.

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'.—(1) The Treasury shall present to Parliament for its approval before the next Budget a report on discretionary share option schemes operated by the privatised utilities which fall within Part IV of Schedule 9 to the Taxes Act 1988 (share options schemes other than savings-related share Option schemes) (-the schemes").