531 Limitation of charge on exercise of option to acquire shares below market value
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

531  Limitation of charge on exercise of option to acquire shares below market value

(1)     This section applies if the option is to acquire shares at less than their market value—

(a)     at the time when the option is granted, or

(b)     if it is a replacement option, at the time when the original

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