No preferential treatment for directors and senior employees
This section has no associated Explanatory Notes
8(1)The requirement of this paragraph is that, if the scheme organiser is a member of a group of companies, the scheme does not and is not likely to have the effect of conferring benefits wholly or mainly—
(a)on directors of companies in the group, or
(b)on employees of companies in the group who receive the higher or highest levels of remuneration.
(2)“A group of companies” means a company and any other companies of which it has control.