SCHEDULES
SCHEDULE 4Consequential amendments
Part 2Amendments of other Acts
Income Tax (Earnings and Pensions) Act 2003 (c. 1)
82
1
In Part 4 of Schedule 2 to the Income Tax (Earnings and Pensions) Act 2003 (approved share incentive plans: types of shares that may be awarded) paragraph 28 is amended as follows.
2
In sub-paragraph (4) for “a registered industrial and provident society which is a co-operative society” substitute “
a registered co-operative society
”
.
3
For sub-paragraph (5) substitute—
5
In sub-paragraph (4) “registered co-operative society” means—
a
a society registered as a co-operative society under the Co-operative and Community Benefit Societies Act 2014,
b
a pre-commencement society (within the meaning of that Act) that is a co-operative society within the meaning of section 2 of that Act, F1...
c
a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969 that is a co-operative society within the meaning of section 1 of that Act
F2, or
d
an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society.
y