# Finance Act 2000, Paragraph 120

Extent: E+W+S+N.I.

(1) The plan may provide for the company to issue a plan termination notice in respect of the plan in such circumstances as are specified in the plan.
(2) The plan must provide that, where a plan termination notice is issued, a copy of the notice is to be given, without delay, to—
(a) the Inland Revenue,
(b) the trustees, and
(c) each individual—
(i) who has plan shares, or
(ii) who has entered a partnership share agreement which was in force immediately before the notice was issued.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/8/paragraph/120 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-8/paragraph-120
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.