Unit based employee benefit scheme applicability: new schemes and post-effective acquisitions must comply with chapter disclosure and compliance requirements. Regulation 17A provides that Chapter IVA applies to all unit based employee benefit schemes introduced on or after the Chapter's effective date; disclosure requirements therein apply to schemes introduced prior and subsisting on that date; and for prior schemes any units acquired or unit-based options granted by an employee benefit trust after the Chapter becomes effective must comply with the Chapter.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Unit based employee benefit scheme applicability: new schemes and post-effective acquisitions must comply with chapter disclosure and compliance requirements.
Regulation 17A provides that Chapter IVA applies to all unit based employee benefit schemes introduced on or after the Chapter's effective date; disclosure requirements therein apply to schemes introduced prior and subsisting on that date; and for prior schemes any units acquired or unit-based options granted by an employee benefit trust after the Chapter becomes effective must comply with the Chapter.
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