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Share Option Schemes

Volume 195: debated on Tuesday 23 July 1991

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To ask the Chancellor of the Exchequer when the Treasury order will be laid bringing into effect the proposal to increase from £150 to £250 the maximum monthly savings limit on an individual employee's contributions under an approved savings-related share option scheme.

The Treasury order will be made as soon as possible after Royal Assent to the Finance Bill and will bring into force the new £250 limit from 1 September 1991.