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Contents

Legislation
Income Tax Act 2007

Crossheading Disposals

  • Section 209 Disposal of shares
  • Section 210 Cases where maximum EIS relief not obtained
  • Section 211 Call options
  • Section 212 Put options
  1. Disposals
  2. Call options

Section 211 | Call options

From legislation.gov.uk

(1)This section applies if the investor grants an option which, if exercised, would bind the investor to sell any of the relevant shares.

(2)The grant of the option is treated for the purposes of section 209 as a disposal of the shares to which the option relates.

(3)Nothing in this section prejudices section 177 (no pre-arranged exits).

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