SCHEDULES
SCHEDULE 2F1... share incentive plans
Part 11Supplementary provisions
Index of defined expressions
100
In the SIP code the following expressions are defined or otherwise explained by the provisions indicated below:
accumulation period | paragraph 51 |
F18. . . | F18. . . |
articles of association | paragraph 99(1) |
associated company | paragraph 94 (and see paragraph 29(3)) |
award of shares | paragraph 5(1) |
F19. . . | . . . |
building society | F15section 989 of ITA 2007 |
ceasing to be in relevant employment (in relation to a participant) | paragraph 95 |
ceasing to be subject to plan (in relation to shares) | paragraph 97 |
child | F7section 721(6) |
close company | |
company | paragraph 99(1) |
the company (in relation to a SIP) | paragraph 2(2) |
company reconstruction (in Part 11 of this Schedule) | paragraph 86(1) |
connected person | section 718 |
consortium (member of) | paragraph 99(3) |
constituent company | paragraph 4(3) |
control | section 719 (and see paragraphs 29(5), 37(6) and 94(3)) |
distribution | F10section 989 of ITA 2007 |
dividend shares | paragraph 62(3)(b) |
earnings | section 62 and see section 721(7) |
eligible shares (in Part 4 of this Schedule) | paragraph 25(2) |
employee, employed, employer and employment | section 4 |
the employment requirement | paragraph 15(3) |
forfeiture, provision for | paragraph 99(1) |
free shares | paragraph 2(1)(a) |
group company | paragraph 99(1) |
group of companies | paragraph 99(1) |
group plan | paragraph 4(2) |
holding period | paragraph 36 (and see paragraph 67) |
F19. . . | |
market value (of shares) | paragraph 92 |
matching shares | paragraph 3(1) |
notice (except in paragraph 54 or 55) | F5section 989 of ITA 2007 |
ordinary share capital | F2section 989 of ITA 2007 |
parent company | paragraph 4(1) |
participant (in relation to a SIP) | paragraph 5(4) |
participant’s plan shares | paragraph 99(1) (and see paragraph 87(1)) |
participation in an award of shares | paragraph 5(3) |
partnership share agreement | paragraph 44 |
partnership share money | paragraph 45(2) |
partnership shares | paragraph 2(1)(b) |
PAYE deduction | section 488(4) |
PAYE obligations | paragraph 99(1) |
PAYE regulations | section 684(8) |
performance allowances | paragraph 34(4) |
personal representatives | F17section 989 of ITA 2007 |
plan requirements (in relation to a SIP) | paragraph 2(2) |
plan shares (in relation to a SIP) | paragraph 99(1) (and see paragraphs 86 to 88) |
the plan trust | paragraph 71(3) |
provision for forfeiture | paragraph 99(1) |
qualifying corporate bond | paragraph 99(1) |
qualifying employee | paragraph 8(6) |
recognised stock exchange | F12section 1005 of ITA 2007 |
redundancy | paragraph 99(1) |
reinvestment | paragraph 62(3)(a) |
relevant employment | paragraph 95(2) |
F14restriction (in relation to shares) | paragraph 99(4) |
rights arising under a rights issue | paragraph 99(1) |
salary | paragraph 43(4) |
share incentive plan (“SIP”) | section 488(4) |
F9Schedule 2 SIP | paragraph 1 and Part 10 of this Schedule |
shares | paragraph 99(2) (and in the context of a new holding, paragraph 87(6)) |
the SIP code | section 488(3) |
F13. . . | F13. . . |
F4. . . | F4. . . |
tax | F16section 989 of ITA 2007 |
F3tribunal | section 989 of ITA 2007 |
tax year | F11section 4(2) of ITA 2007 (as applied by section 989 of that Act) |
the trustees | paragraphs 2(2), 71(1) |
the trust instrument | paragraph 71(3) |
withdrawal of shares from plan | paragraph 96(1) |
Word in Sch. 2 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 14, 89 (with Sch. 8 paras. 90-96)