# Finance Act 1989, Paragraph 1


A trust is a qualifying employee share ownership trust at the time it isestablished if the conditions set out in paragraphs 2 to 11 below aresatisfied in relation to the trust at that time.

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Source: https://www.legislation.gov.uk/ukpga/1989/26/schedule/5/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1989/schedule-5/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.