SCHEDULE 8Employee share ownership plans
Part XIIISupplementary provisions
Index of defined expressions
130
In this Schedule the following expressions are defined or otherwise explained by the provisions indicated—
approved employee share ownership plan | paragraph 129(1) (and see paragraph 118(7)) |
approved profit sharing scheme | paragraph 129(1) |
articles of association | paragraph 129(1) |
associated company | paragraph 126 (and see paragraph 67(3)) |
award of shares | paragraph 3(1) |
ceasing to be in relevant employment (in relation to a participant) | paragraph 123 |
ceasing to be subject to plan (in relation to shares) | paragraph 122 |
company | paragraph 129(1) |
the company (in relation to an employee share ownership plan) | paragraph 1(4) |
connected person | paragraph 129(2) |
consortium (member of) | paragraph 129(4) |
control | paragraph 129(1) (and see paragraph 127) |
deduction (in Part XII) | paragraph 105 |
dividend shares | paragraph 53(1) |
eligible shares (in Part VIII) | paragraph 59 |
employee share ownership plan | paragraph 1(1) |
foreign cash dividend | paragraph 129(1) |
forfeiture (provision for) | paragraph 65(6) |
free shares | paragraph 1(1)(a) |
group of companies | paragraph 129(1) |
group plan | paragraph 2(1) |
holding period | paragraph 31 |
the Inland Revenue | paragraph 124 |
market value (of shares) | paragraph 125 |
matching shares | paragraph 1(2) |
ordinary share capital | paragraph 129(1) |
parent company | paragraph 2(1) |
participant (in relation to an employee share ownership plan) | paragraph 3(3) |
participant’s plan shares | paragraph 129(1) (and see paragraph 115(4)) |
participating company (in relation to a group plan) | paragraph 2(2) |
participation in an award of shares | paragraph 3(2) |
partnership share agreement | paragraph 34 |
partnership shares | paragraph 1(1)(b) |
PAYE obligations | paragraph 129(1) |
performance allowance | paragraph 25 |
plan shares | paragraph 129(1) (and see paragraphs 115 and 116) |
the plan trust | paragraph 68(2) |
qualifying corporate bond | paragraph 129(1) |
qualifying employee | paragraph 8(4) |
readily convertible asset | paragraph 128 |
reinvestment (in Part VII) | paragraph 53(1) |
relevant employment | paragraph 123(2) |
salary (in Part V) | paragraph 48 |
shares | paragraph 129(3) (and in the context of a new holding paragraph 115(8)) |
tax year | paragraph 129(1) |
the trustees | paragraph 68(1) |
withdrawal of shares from plan | paragraph 122(1) |