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Payroll Tax Act 2009
22Grant of share pursuant to exercise of option
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22 Grant of share pursuant to exercise of option The grant of the share by an employer does not constitute wages for this Act if the employer is required to grant the share as a consequence of the exercise of an option by a person and: (a) the grant of the option to the person constitutes wages for this Act; or (b) the option was granted to the person before 1 July 1999.