SCHEDULES
SCHEDULE 13

EMPLOYEE SHARE OWNERSHIP PLANS: AMENDMENTS
Section 61.

Introductory
1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The employment requirement
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Meaning of “salary”
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

No charge to tax on award of shares, etc.
4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Charge on disposal of beneficial interest during holding period
5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Charge on distributions in respect of unappropriated shares
6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Dividend shares ceasing to be subject to plan: tax credit
7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Gains accruing to trustees
8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sch. 13 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)