59(1)The plan must provide for the matching shares to be—U.K.
(a)shares of the same class and carrying the same rights as the partnership shares to which they relate;
(b)awarded on the same day as the partnership shares to which they relate are awarded; and
(c)awarded to all employees who participate in the award on exactly the same basis.
F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Sch. 2 para. 59(2) omitted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 51