Income Tax (Earnings and Pensions) Act 2003

This section has no associated Explanatory Notes

6U.K.A SIP must meet the plan requirements contained in—

  • paragraph 7 (the purpose of the plan),

  • paragraph 8 (all-employee nature of plan),

  • paragraph 9 (participation on same terms),

  • paragraph 10 (no preferential treatment for directors and senior employees),

  • paragraph 11 (no further conditions), and

  • paragraph 12 (no loan arrangements).