Paragraph 8
United Kingdom
The persons within this paragraph are any of the following employees who are excluded by the scheme from receiving any payment of profit-related pay—
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
those who have not been employed by a relevant employer for a minimum period (of not more than three years) specified in the scheme;
and for this purpose “relevant employer” means the scheme employer or any person who pays the emoluments of any of the employees to whom the scheme relates.
Annotations
Textual amendments
- F1
Sch. 8 para. 8(a) repealed (with effect in accordance with s. 137(6) of the repealing Act) by Finance Act 1995 (c. 4), s. 137(1), Sch. 29 Pt. 8(20), Note
Notes on Schedule 8
Textual amendments
- F1
Sch. 8 repealed (with effect in accordance with s. 61(2)(3), Sch. 18 Pt. 6(3) Notes 1-3 of the repealing Act) by Finance Act 1997 (c. 16), Sch. 18 Pt. 6(3)