# Income Tax Act 2007, Section 257FC: Call options


(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 257FA as a disposal of the shares to which the option relates.
(3) Nothing in this section prejudices section 257CD (no pre-arranged exits).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/257FC (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-257FC
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.