### sec.13P Grant of share because of exercise of option Despite paragraphs (j) and (k) of the definition of wages in the schedule, the grant of a share by a grantor does not comprise wages if— the grantor is required to grant the share because a person has exercised an option; and either— the grant of the option to the person comprises wages for this Act; or the option was granted to the person before 1 July 2008. s 13P ins 2008 No. 16 s 9 amd 2011 No. 8 s 81 - (a) the grantor is required to grant the share because a person has exercised an option; and - (b) either— (i) the grant of the option to the person comprises wages for this Act; or (ii) the option was granted to the person before 1 July 2008. - (i) the grant of the option to the person comprises wages for this Act; or - (ii) the option was granted to the person before 1 July 2008. - (i) the grant of the option to the person comprises wages for this Act; or - (ii) the option was granted to the person before 1 July 2008.

Previous sectionsec.13OWhen share or option is granted Next sectionsec.13QDay on which wages are paid or payable