OpenLegislation

Paragraph 24

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

An individual is an “eligible employee” in relation to the relevant company if the requirements of this Part of this Schedule as to the following are met at the appropriate time—

  • employment (see paragraph 25),

  • commitment of working time (see paragraphs 26 and 27), and

  • having no material interest (see paragraphs 28 to 33).

Notes on Schedule 5

Modifications

C1

Sch. 5 modified (18.3.2026) by Finance Act 2026 (c. 11), s. 16

C2

Sch. 5 modified (6.4.2026) by Finance Act 2026 (c. 11), s. 13(10)