SCHEDULES
SCHEDULE 2... share incentive plans
Part 11Supplementary provisions
Termination of plan
89
(1)
The plan may provide for the company to issue a plan termination notice in respect of the plan in circumstances specified in the plan.
(2)
The plan must provide that, where a plan termination notice is issued, a copy of the notice must be given, without delay, to—
F1(a)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)
the trustees,
(c)
each individual who has plan shares, and
(d)
each individual who has entered into a partnership share agreement which was in force immediately before the notice was issued.