# Finance Act 2000, Paragraph 25

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

(1) Sub-paragraph (2) applies if the plan provides for performance allowances, that is for—
(a) whether or not free shares will be awarded to an individual, or
(b) the number or value of free shares awarded,
to be conditional on performance targets being met.
(2) Where this sub-paragraph applies—
(a) the requirements of—
paragraph 26 (performance allowances: general application),
paragraph 27 (performance measures and targets), and
paragraph 28 (performance allowances: information to be given to employees), and
(b) the requirements of either paragraph 29 (method one) or paragraph 30 (method two),
must be complied with.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/8/paragraph/25 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-8/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.