SCHEDULES
SCHEDULE 2Approved share incentive plans
Part 6Partnership shares
Minimum amount of deductions
47
1
The plan may provide that the amount to be deducted under a partnership share agreement in any month must not be less than a minimum amount specified in the plan.
2
The specified minimum amount must not be greater than £10.
3
Sub-paragraphs (1) and (2) apply whatever the intervals at which the employee is paid may be.