Point in time view as at 13/06/2003.
Income Tax (Earnings and Pensions) Act 2003, Paragraph 74 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
74(1)The trust instrument must require the trustees to pay over to a participant as soon as practicable—U.K.
(a)any money received by them in respect of, or by reference to, any of the participant’s shares, or
(b)any money’s worth so received unless it consists of new shares within the meaning of paragraph 87 (company reconstructions).
(2)Sub-paragraph (1) is subject to—
(a)paragraphs 62 to 69 (cash dividends and dividend shares),
(b)the trustees' obligations under sections 510 to 514 (PAYE: shares ceasing to be subject to plan; capital receipts), and
(c)the trustees' PAYE obligations.
Mae’r holl gynnwys ar gael dan Drwydded Llywodraeth Agored v3.0 ac eithrio ble nodir yn wahanol. Yn ychwanegol mae’r safle hwn â chynnwys sy’n deillio o EUR-Lex, a ailddefnyddiwyd dan delerau Penderfyniad y Comisiwn 2011/833/EU ar ailddefnyddio dogfennau o sefydliadau’r UE. Am ragor o wybodaeth gweler ddatganiad cyhoeddus Swyddfa Gyhoeddiadau’r UE ar ailddefnyddio.
