SCHEDULES
F1F1SCHEDULE 8
Annotations:
Amendments (Textual)
Part II General requirements
The purpose of the plan
7
1
The purpose of the plan must be to provide benefits to employees in the nature of shares in a company which give them a continuing stake in that company.
2
The plan must not contain, and the operation of the plan must not involve, features which are neither essential nor reasonably incidental to that purpose.
Sch. 8 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)