http://www.legislation.gov.uk/ukpga/2003/1/schedule/4/paragraph/23
Income Tax (Earnings and Pensions) Act 2003
An Act to restate, with minor changes, certain enactments relating to income tax on employment income, pension income and social security income; and for connected purposes.
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Statute Law Database
2024-05-20
Expert Participation
2024-04-06
Income Tax (Earnings and Pensions) Act 2003
s. 452(2)(aa)
Finance Act 2013
Sch. 23
para. 11
Sch. 23
para. 38
art. 2
Income Tax (Earnings and Pensions) Act 2003
s. 707A
Finance Act 2024
s. 36(4)
s. 36(5)
SCHEDULES
SCHEDULE 4F1... CSOP schemes
Annotations:
Amendments (Textual)
Part 5Requirements etc. relating to share options
Share options must not be transferable
23
1
The scheme must ensure that share options granted to a participant are not capable of being transferred by the participant.
2
Paragraph 25 provides for the exercise of the options where the participant has died.
Word in Sch. 4 title omitted (6.4.2014) by virtue of Finance Act 2014 (c. 26), Sch. 8 paras. 164, 204 (with Sch. 8 paras. 205-215)