# Income Tax (Earnings and Pensions) Act 2003, Paragraph 16


Eligible shares must form part of the ordinary share capital of—
(a) the scheme organiser,
(b) a company which has control of the scheme organiser, or
(c) a company which either is, or has control of, a company which is a member of a consortium owning either the scheme organiser or a company having control of the scheme organiser.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/4/paragraph/16 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-4/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.