SCHEDULES
SCHEDULE 2F1... share incentive plans
Annotations:
Amendments (Textual)
Part 2General requirements
The purpose of the plan
7
1
F51A
The plan must not provide benefits to employees otherwise than in accordance with this Schedule.
1B
For example, the plan must not provide cash to employees as an alternative to shares.
1C
Sub-paragraph (1A) does not prohibit an employee receiving a benefit from a company as a result of any shares in that company being held on the employee's behalf under the plan where the employee would have received the same benefit from the company had the shares been acquired by the employee otherwise than by virtue of the plan.
F22
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Word in Sch. 2 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 14, 89 (with Sch. 8 paras. 90-96)