# Income Tax (Earnings and Pensions) Act 2003, Paragraph 17

Extent: E+W+S+N.I.

(1) Eligible shares must be —
(a) shares of a class listed on a recognised stock exchange, ...
(b) shares in a company which is not under the control of another company, ..., or
(ba) shares in a company which is subject to an employee-ownership trust (within the meaning of paragraph 27(4) to (6) of Schedule 2).
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/4/paragraph/17 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-4/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.