§ 52. Mr. Tim Smithasked the Chancellor of the Exchequer what response there has been to the approved share option scheme in the Finance Act 1984.
§ Mr. MooreI am pleased to say that there has been an excellent response. By the end of January more than 960 share option schemes had been submitted to the Inland Revenue for approval under the provisions of the Finance Act 1984. Over 80 of these have already been approved and several hundred more are in the final stages of approval.