Paragraph 76
The trust instrument may provide that the trustees have power to borrow—
(a)
to acquire shares for the purposes of the plan, and
(b)
for such other purposes as may be specified in the trust instrument.
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)