SCHEDULES
SCHEDULE 2F1... share incentive plans
Annotations:
Amendments (Textual)
Part 11Supplementary provisions
Meaning of participant ceasing to be in relevant employment
95
1
This paragraph explains what is meant, for the purposes of the SIP code, by a participant ceasing to be in relevant employment.
2
For the purposes of the SIP code “relevant employment” means employment by the company or any associated company.
3
A participant who remains in the employment of the company or any associated company does not cease to be in relevant employment.
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)