SCHEDULES
SCHEDULE 2

... share incentive plans
Part 11

Supplementary provisions

Index of defined expressions
100
In the SIP code the following expressions are defined or otherwise explained by the provisions indicated below:
accumulation period | paragraph 51
. . . | . . .
articles of association | paragraph 99(1)
associated company | paragraph 94 (and see paragraph 29(3))
award of shares | paragraph 5(1)
. . . | . . .
building society | section 989 of ITA 2007
ceasing to be in relevant employment (in relation to a participant) | paragraph 95
ceasing to be subject to plan (in relation to shares) | paragraph 97
child | section 721(6)
close company | section 989 of ITA 2007 ...
company | paragraph 99(1)
the company (in relation to a SIP) | paragraph 2(2)
company reconstruction (in Part 11 of this Schedule) | paragraph 86(1)
connected person | section 718
consortium (member of) | paragraph 99(3)
constituent company | paragraph 4(3)
control | section 719 (and see paragraphs 29(5), 37(6) and 94(3))
distribution | section 989 of ITA 2007
dividend shares | paragraph 62(3)(b)
earnings | section 62 and see section 721(7)
eligible shares (in Part 4 of this Schedule) | paragraph 25(2)
employee, employed, employer and employment | section 4
the employment requirement | paragraph 15(3)
forfeiture, provision for | paragraph 99(1)
free shares | paragraph 2(1)(a)
group company | paragraph 99(1)
group of companies | paragraph 99(1)
group plan | paragraph 4(2)
holding period | paragraph 36 (and see paragraph 67)
. . . |
market value (of shares) | paragraph 92
matching shares | paragraph 3(1)
notice (except in paragraph 54 or 55) | section 989 of ITA 2007
ordinary share capital | section 989 of ITA 2007
parent company | paragraph 4(1)
participant (in relation to a SIP) | paragraph 5(4)
participant’s plan shares | paragraph 99(1) (and see paragraph 87(1))
participation in an award of shares | paragraph 5(3)
partnership share agreement | paragraph 44
partnership share money | paragraph 45(2)
partnership shares | paragraph 2(1)(b)
PAYE deduction | section 488(4)
PAYE obligations | paragraph 99(1)
PAYE regulations | section 684(8)
performance allowances | paragraph 34(4)
personal representatives | section 989 of ITA 2007
plan requirements (in relation to a SIP) | paragraph 2(2)
plan shares (in relation to a SIP) | paragraph 99(1) (and see paragraphs 86 to 88)
the plan trust | paragraph 71(3)
provision for forfeiture | paragraph 99(1)
qualifying corporate bond | paragraph 99(1)
qualifying employee | paragraph 8(6)
recognised stock exchange | section 1005 of ITA 2007
redundancy | paragraph 99(1)
reinvestment | paragraph 62(3)(a)
relevant employment | paragraph 95(2)
restriction (in relation to shares) | paragraph 99(4)
rights arising under a rights issue | paragraph 99(1)
salary | paragraph 43(4)
share incentive plan (“SIP”) | section 488(4)
Schedule 2 SIP | paragraph 1 and Part 10 of this Schedule
shares | paragraph 99(2) (and in the context of a new holding, paragraph 87(6))
the SIP code | section 488(3)
. . . | . . .. . . | . . .
tax | section 989 of ITA 2007
tribunal | section 989 of ITA 2007
tax year | section 4(2) of ITA 2007 (as applied by section 989 of that Act)
the trustees | paragraphs 2(2), 71(1)
the trust instrument | paragraph 71(3)
withdrawal of shares from plan | paragraph 96(1)
Sch. 2 para. 100 entry repealed (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 121(e), Sch. 5; S.I. 2005/1126, art. 2(2)(h)(i)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(a) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(b) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(c) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(d) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(e) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(f) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(g) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(h) (with Sch. 2)
Words in Sch. 2 para. 100 Table substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 447(3)(j) (with Sch. 2)
Words in Sch. 2 para. 100 Table omitted (1.4.2009) by virtue of The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 343(2)
Words in Sch. 2 para. 100 Table inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 343(3)
Words in Sch. 2 para. 100 substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 396(8) (with Sch. 2)
Words in Sch. 2 para. 100 Table omitted (17.7.2013) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 6 (with Sch. 2 para. 17)
Words in Sch. 2 para. 100 Table omitted (with effect in accordance with Sch. 2 para. 38 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 2 para. 37
Words in Sch. 2 para. 100 Table inserted (with effect in accordance with Sch. 2 para. 58 of the amending Act) by Finance Act 2013 (c. 29), Sch. 2 para. 57
Word in Sch. 2 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 14, 89 (with Sch. 8 paras. 90-96)
Words in Sch. 2 para. 100 Table omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 32(a), 89 (with Sch. 8 paras. 90-96)
Words in Sch. 2 para. 100 Table inserted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 32(b), 89 (with Sch. 8 paras. 90-96)