ETASSUM28160 - Schedule 2 share incentive plan (SIP): Supplementary and defined terms: 바카라 사이트™Good leaver바카라 사이트™: No charge on shares ceasing to be subject to the plan in certain circumstances

A participant will not be liable to income tax on shares ceasing to be subject to the Schedule 2 SIP if they cease as a result of the participant ceasing to be in relevant employment due to the following (바카라 사이트˜good leaver바카라 사이트™ provisions):

  1. because of injury or disability,
  2. by reason of being dismissed by reason of redundancy,
  3. by reason of a relevant transfer within the meaning of the Transfer of Undertakings (Protection of Employment) Regulations 2006,
  4. if the relevant employment is employment by an associated company by reason of a change of control or other circumstances ending that company바카라 사이트™s status as an associated company,
  5. by reason of the participant바카라 사이트™s retirement, or
  6. on the participant바카라 사이트™s death,

Section 498 Part 7 ITEPA 2003 refers.