Section 519A.

Interpretation

1.

(1) For the purposes of this Schedule -

'approved' in relation to a scheme, means approved under paragraph 2;

'associated company' has the same meaning as in section 432, except that, for the purposes of paragraph 24, subsection (1) of that section shall have effect with the omission of the words 'or at any time within one year previously';

'bonus date' has the meaning assigned to it by paragraph 18;

'control' has the same meaning as in section 432;

'full-time director' has the same meaning as in section 250;

'grantor', in relation to a scheme, means the company which has established the scheme;

'group scheme' and, in relation to such a scheme, 'participating company' have the meanings given by subparagraphs (3) and (4), respectively, of paragraph 2;

'market value' shall be construed in accordance with section 548;

'savings-related share option scheme' means a scheme approved by the Revenue Commissioners in accordance with this Schedule and which approval has not been withdrawn;

'scheme shares' has the meaning assigned to it by paragraph 10;

'shares' includes stock,

'specified age' means an age that is not less than 60 years and not more than pensionable age (within the meaning of section 2 of the Social Welfare Consolidation Act 2005).