SCHEDULES

SCHEDULE 2F1... share incentive plans

Annotations:
Amendments (Textual)
F1

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)

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.