PART IINTRODUCTORY AND INTERPRETATION
“Employees' share scheme”11
For the purposes of this Order, an employees' share scheme is a scheme for encouraging or facilitating the holding of shares or debentures in a company by or for the benefit of—
a
the bona fide employees or former employees of the company, the company's subsidiary or holding company or a subsidiary of the company's holding company, or
b
theF2 spouses, civil partners, surviving spouses, surviving civil partners or children, step-children or adopted children under the age of 18 of such employees or former employees.