# Income and Corporation Taxes Act 1988, Paragraph 10


Scheme shares must form part of the ordinary share capital of—
(a) the grantor; or
(b) a company which has control of the grantor; or
(c) a company which either is, or has control of, a company which—
(i) is a member of a consortium owning either the grantor or a company having control of the grantor; . . .
(ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/9/paragraph/10 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-9/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.