Finance Act 2000 (c. 17)

SCHEDULES

SCHEDULE 8 U.K. Employee share ownership plans

Part II U.K. General requirements

Introduction U.K.

6 The plan must meet the requirements of—

• paragraph 7 (the purpose of plan);

• paragraph 8 (all-employee nature of plan);

• paragraph 9 (participation on same terms);

• paragraph 10 (no preferential treatment for directors, etc.);

• paragraph 11 (no further conditions);

• paragraph 12 (no loan arrangements).