# Finance Act 1989, Paragraph 13


A trust is an employee share ownership trust at a particular time (therelevant time) if it was a qualifying employee share ownership trust at thetime it was established; and it is immaterial whether or not it is aqualifying employee share ownership trust at the relevant time.

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Source: https://www.legislation.gov.uk/ukpga/1989/26/schedule/5/paragraph/13 (the official version)
Page: https://openlegislation.uk/finance-act-1989/schedule-5/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.