# The Personal Equity Plan (Amendment) Regulations 1993, Regulation 11: Amendments to the principal Regulations


At the end of regulation 19 there shall be added—
“(5) At the time of making an interim claim the plan manager shall provide the Board with a statement signed by him or on his behalf showing separately in relation to all general plans and all single company plans in respect of which he was acting as plan manager at the end of the month for which the claim is made—
(a) the total number of plan investors who had subscribed to such plans since the beginning of the year;
(b) the aggregate of—
(i) the total amount of cash subscribed, and
(ii) the total of any sums paid on such an application as is referred to in regulation 4(2A)(a), and on such an allotment or allocation as is referred to in regulation 4(2A)(b), and
(iii) the aggregate market value at the date of transfer of any shares transferred to the plan manager or his nominee in accordance with regulation 4A(2),
in relation to such plans in the period since the beginning of the year;
(c) the number of plan investors in relation to whose plans the aggregate of the amounts referred to in sub-paragraphs (i), (ii) and (iii) of paragraph (b) is equal to the subscription limit for the kind of plan concerned.”

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Source: https://www.legislation.gov.uk/uksi/1993/756/regulation/11 (the official version)
Page: https://openlegislation.uk/personal-equity-plan-amendment-regulations-1993/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

