The employment requirement
This section has no associated Explanatory Notes
10(1)The scheme must ensure that an individual is not eligible to participate in the scheme at a particular time unless the individual is then a director or employee of—
(a)the scheme organiser, or
(b)in the case of a group scheme, a constituent company.
(2)The requirement of this paragraph is not infringed by a provision of the scheme required or authorised by a provision of this Schedule.