HC Deb 23 May 1985 vol 79 c550W
Dr. Godman

asked the Chancellor of the Exchequer how many save-as-you-earn share option schemes under the Finance Act 1980 have been (a) submitted to the Inland Revenue and (b) approved in each year since 1980.

Mr. Moore

[pursuant to his reply, 21 May 1985, c. 413–14]: The information requested is as follows,

(a) Schemessubmitted (b) Schemesapproved
1980* 33 7
1981 133 113
1982 77 76
1983 87 74
1984 150 100
1985† 53 46
Total 533‡ 416
* The start date for the schemes was 15 November 1980.
† Up to 30 April.
‡ Of this total, 33 are schemes which companies have not proceeded with, for a variety of reasons.

Dr. Godman

asked the Chancellor of the Exchequer how many approved deferred share trust profit sharing schemes under the Finance Act 1978 (as amended) have been (a) submitted to the Inland Revenue and (b) approved in each year since 1979.

Mr. Moore

[pursuant to his reply, 21 May 1985, c. 414]: The information requested is as follows:

(a) Schemes submitted (b) Schemes approved
1979* 186 78
1980 120 106
1981 77 77
1982 73 67
1983 68 49
1984 83 69
19851 34 20
Total 641* 466
* The start date for the scheme was 6 April 1979.
†. Up to 30 April.
‡ Of this total, 120 are schemes which companies have not proceeded with, for a variety of reasons.