{
  "url": "https://openlegislation.uk/finance-act-2000/schedule-14/paragraph-30",
  "json_url": "https://openlegislation.uk/finance-act-2000/schedule-14/paragraph-30.json",
  "legislation": "ukpga/2000/17",
  "legislation_title": "Finance Act 2000",
  "legislation_url": "https://openlegislation.uk/finance-act-2000",
  "path": "schedule/14/paragraph/30",
  "kind": "paragraph",
  "number": "30",
  "heading": null,
  "text": "(1) An individual is not an eligible employee in relation to the relevant company if he has a material interest in—\n(a) that company, or\n(b) if that company is a parent company, any group company.\n(2) For the purposes of this paragraph an individual is regarded as having a material interest in a company if—\n(a) the individual,\n(b) the individual together with one or more associates of his, or\n(c) any associate of the individual’s, with or without any other such associates,\nhas a material interest in the company.\n(3) No account shall be taken for the purposes of this paragraph of shares that an individual may acquire under a qualifying option, but once such shares have been acquired they are taken into account.\n(4) This paragraph is supplemented—\n(a) as regards the meaning of “material interest”, by paragraphs 31 to 33; and\n(b) as regards the meaning of “associate”, by paragraph 34 (read with paragraphs 35 and 36).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "inserted",
      "affecting": "asp/2001/8",
      "affecting_title": "Regulation of Care (Scotland) Act 2001"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/17/schedule/14/paragraph/30",
    "retrieved_at": "2026-10-29T09:21:00.128981+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}