2B

Partnership shares may (notwithstanding sub-paragraph (2A) if relevant) be subject to provision requiring partnership shares acquired on behalf of an employee to be offered for sale but only if the requirement of sub-paragraph (2C) is met.

2C

The consideration at which the shares are required to be offered for sale must be at least equal to—

a

the amount of partnership share money applied in acquiring the shares on behalf of the employee, or

b

if lower, the market value of the shares at the time they are offered for sale.