SCHEDULES

F1F1SCHEDULE 8

Annotations:
Amendments (Textual)
F1

Sch. 8 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)

Part VIII Types of share that may be used

Must be ordinary share capital

60

Eligible shares must form part of the ordinary share capital of—

a

the company; or

b

a company which has control of the company; or

c

a company which either is, or has control of, a company which is a member of a consortium owning either the company or a company having control of the company.