SCHEDULES
SCHEDULE 4Approved CSOP schemes
Part 4Shares to which schemes can apply
Requirements as to listing
17
(1)
Eligible shares must be —
(a)
shares of a class listed on a recognised stock exchange,
(b)
shares in a company which is not under the control of another company, or
(c)
shares in a company which is under the control of a listed company.
(2)
A “listed company” is a company whose shares are listed on a recognised stock exchange, other than—
(a)
a close company, or
(b)
a company that would be a close company if resident in the United Kingdom.