SAYE: overview (Part 1) Flashcards

1
Q

What are the other names for an SAYE scheme?

A

Sharesave scheme, save as you earn option scheme, or savings related share option scheme.

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2
Q

What is the maximum discount applicable to SAYE options?

A

20% on the market value.

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3
Q

Is SAYE all employee?

A

Yes.

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4
Q

Can SAYE be subject to a qualification period?

A

Yes. This must not be more than 5 years.

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