http://www.legislation.gov.uk/ukpga/2003/1/schedule/4/part/4/crossheading/requirements-relating-to-shares-that-may-be-subject-to-share-options-introduction
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
2024-06-06
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 4Shares to which schemes can apply
Requirements relating to shares that may be subject to share options: introduction
15
1
A CSOP scheme must meet the requirements of—
paragraph 16 (shares must be ordinary shares of certain companies),
paragraph 17 (requirements as to listing) F5, and
paragraph 18 (shares must be fully paid up and not redeemable) F2...
F3...
F2...
F41A
Sub-paragraph (1) and the other paragraphs of this Part are subject to paragraph 25A(7B).
2
In this Part “eligible shares” means shares which may be acquired by the exercise of share options under the scheme.
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)