This section has no associated Explanatory Notes
25(1)The requirements of the following paragraphs must be met with respect to any shares that may be awarded under a SIP—U.K.
paragraph 26 (shares must be part of ordinary share capital of certain companies),
paragraph 27 (requirement as to listing etc.),
paragraph 28 (shares must be fully paid up and not redeemable),
paragraph 29 (prohibited shares), and
paragraph 30 (only certain kinds of restriction allowed).
(2)In this Part of this Schedule “” means shares that may be awarded under the plan.