Paragraph 25
United Kingdom
The requirements of the following paragraphs must be met with respect to any shares that may be awarded under a SIP—
paragraph 26 (shares must be part of ordinary share capital of certain companies),
paragraph 27 (requirement as to listing etc.),
paragraph 28 (shares must be fully paid up and not redeemable), F1and
paragraph 29 (prohibited shares)
F2...
In this Part of this Schedule “eligible shares” means shares that may be awarded under the plan.
Annotations
Textual amendments
- F1
Word in Sch. 2 para. 25(1) inserted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by Finance Act 2013 (c. 29), Sch. 2 para. 47(a)
- F2
Words in Sch. 2 para. 25(1) omitted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 47(b)
Notes on Schedule 2
Textual amendments
- F1
Word in Sch. 2 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 14, 89 (with Sch. 8 paras. 90-96)