Deductions and payments from workers: shares and securities
The legislation that applies to this page is as follows:
For pay reference periods commencing
* on or after 6 April 2015; National Minimum Wage Regulations 2015, regulation 12(2)(d) * before 6 April 2015; National Minimum Wage Regulations 1999, regulations 33(d) & 35(d)
Any deduction from pay or a payment made to the employer in respect of the purchase of any shares, other securities or share options, or any share in a partnership, will not reduce national minimum wage pay.