Paragraph 123
United Kingdom
(1)
This paragraph explains what is meant by a participant ceasing to be in relevant employment.
(2)
Relevant employment means employment by the company or any associated company.
(3)
A participant does not cease to be in relevant employment if he remains in the employment of the company or any associated company.
Notes on Schedule 8
Textual amendments
- F1
Sch. 8 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)