73(1)The plan must make provision to ensure that, where a PAYE obligation is imposed on the trustees as a result of any of a participant’s plan shares ceasing to be subject to the plan, the trustees are able to meet that obligation—
(a)by disposing of—
(i)any of those shares, or
(ii)any of the participant’s remaining plan shares (if any), or
(b)by virtue of the participant paying to the trustees a sum equal to the amount required to discharge the obligation.
(2)In sub-paragraph (1) the reference to a PAYE obligation includes an obligation under paragraph 95 (PAYE: shares ceasing to be subject to the plan).
(3)In sub-paragraph (1)(a) the reference to disposing of shares includes the acquisition of the shares by the trustees for the purposes of the trust.
(4)A disposal of any of the participant’s plan shares in accordance with provision made under sub-paragraph (1)(a)(ii) may give rise to a charge to tax under—
paragraph 81 (charge on free or matching shares ceasing to be subject to plan);
paragraph 86 (charge on partnership shares ceasing to be subject to plan); or
paragraph 93 (charge on dividend shares ceasing to be subject to plan).