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SCHEDULES

SCHEDULE 7E+WStatutory rights to leave and pay: further amendments

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

63(1)Schedule 5 (enterprise management incentives) is amended as follows.E+W

(2)In paragraph 12A (the number of employees requirement), in sub-paragraph (4) (who is an employee), in paragraph (b)(i) (exception relating to certain leave), for “or paternity” there is substituted “ , paternity or shared parental ”.

(3)In paragraph 26 (eligible employees: requirement as to commitment of working time), in sub-paragraph (3) (what is committed time), after “paternity leave” there is inserted “ , shared parental leave ”.

Commencement Information

I1Sch. 7 para. 63 in force at 1.12.2014 by S.I. 2014/1640, art. 5(2)(aa)