On 24/05/2013,
you requested for the version in force on 24/05/2013
incorporating all amendments published on or before 24/05/2013.
The closest version currently available is that of 31/12/2009.
12. Section 13M(7) of the principal Act is amended by deleting paragraph (a) of the definition of “qualifying employee” and substituting the following paragraph:
“(a)
is committed to work —
(i)
where the time of the grant is before 1st January 2010 —
(A)
at least 30 hours per week for the company; or
(B)
where he is committed to work less than that number of hours, at least 75% of his total working time per week for the company; and
(ii)
where the time of the grant is on or after 1st January 2010 —
(A)
at least the number of hours per week referred to in section 66A(1) of the Employment Act (Cap. 91) for the company; or
(B)
where he is committed to work less than that number of hours, at least 75% of his total working time per week for the company; and”.