- Latest available (Revised)
- Original (As made)
The Personal Equity Plan (Amendment No. 2) Regulations 1996
You are here:
- 1996 No. 1355
- Regulation 4
What Version
Opening Options
Status:
This is the original version (as it was originally made). UK Statutory Instruments are not carried in their revised form on this site.
4. After regulation 4(3) there shall be inserted—
“(3A) The circumstances specified in this paragraph are where—
(a)the allotment or allocation of the shares was connected with the allotment or allocation of—
(i)shares in the company of a different class, or
(ii)rights to shares in the company of a different class, or
(iii)shares or rights to shares in another company, or
(iv)securities or rights to securities of the company or of another company,
to that individual or to any other person; and
(b)the terms on which the shares were offered were significantly more favourable to the qualifying individual than they would have been if their allotment or allocation had not been connected as described in sub-paragraph (a).”
Options/Help
Print Options
Print The Whole Instrument
Print This Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once