Income Tax (Earnings and Pensions) Act 2003 (c. 1)

SCHEDULES

SCHEDULE 2 U.K. Approved share incentive plans

Part 6 U.K. Partnership shares

Minimum amount of deductions U.K.

47 (1) The plan may provide that the amount to be deducted under a partnership share agreement [F1 on any occasion] must not be less than a minimum amount specified in the plan. U.K.

(2) The specified minimum amount must not be greater than £10.

F2 (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Words in Sch. 2 para. 47 substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 21 para. 8(a)

F2 Sch. 2 para. 47(3) repealed (10.7.2003) by Finance Act 2003 (c. 14), Sch. 21 para. 8(b), Sch. 43 Pt. 3(3)