Commentary on Sections Overview Part 11: Supplementary provisions Paragraph 96: Meaning of shares being withdrawn from plan
3230.This paragraph explains when shares are withdrawn from a plan for the purposes of the SIP code.
3231.This paragraph is the first of two that derive from paragraph 122 of Schedule 8. That paragraph is lengthy, and with a view to making its provisions more accessible, it has been divided for the purposes of this Act. This paragraph derives from sub-paragraphs (1) and (2) of paragraph 122.