SCHEDULES
SCHEDULE 2F1... share incentive plans
Part 3Eligibility of individuals
Meaning of “qualifying company”
17
1
For the purposes of paragraph 15(2) “qualifying company” has the meaning given by this paragraph.
2
Except in the case of a group plan, “qualifying company” means—
a
the company, or
b
a company that, when the individual was employed by it, was an associated company—
i
of the company, or
ii
of another company qualifying under this paragraph.
3
In the case of a group plan, “qualifying company” means—
a
a company that is a constituent company at the end of the qualifying period mentioned in paragraph 15(2),
b
a company that, when the individual was employed by it, was a constituent company, or
c
a company that, when the individual was employed by it, was an associated company of—
i
(i)a company qualifying under paragraph (a) or (b), or
ii
another company qualifying under this paragraph.
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)