Commentary on Sections Overview Part 5: Free shares Paragraph 40: Performance allowances: information to be given to employees
3073.This paragraph specifies the information that must be given to employees if the SIP provides for performance allowances. The paragraph derives from paragraph 28 of Schedule 8.
3074.In sub-paragraph (1)(a) the words “each qualifying employee who has accepted an invitation to participate in the award” replace the words “each employee participating in the award”. See Change 161 in Annex 1.