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.