Income and Corporation Taxes Act 1988

10U.K.M1Scheme shares must form part of the ordinary share capital of—

(a)the grantor; or

(b)a company which has control of the grantor; or

(c)a company which either is, or has control of, a company which—

(i)is a member of a consortium owning either the grantor or a company having control of the grantor; F1. . .

F1(ii). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

Marginal Citations

M1Source—1978 Sch.9 5; 1980 Sch.10 15; 1984 Sch.10 7