# Finance Act 2000, Paragraph 45

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

(1) The plan must provide that an employee may withdraw from a partnership share agreement at any time by notice in writing to the company.
(2) The plan must provide that, unless a later date is specified in the notice, a notice of withdrawal takes effect 30 days after it is received by the company.
(3) The plan must provide that where an employee withdraws from a partnership share agreement, any partnership share money held on his behalf is to be paid over to him as soon as practicable.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/8/paragraph/45 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-8/paragraph-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.