{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-257RB",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-257RB.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/257RB",
  "kind": "section",
  "number": "257RB",
  "heading": "Call options",
  "text": "(1) This section applies if the investor grants an option which, if exercised, would bind the investor to sell the whole or part of investment.\n(2) The grant of the option is treated for the purposes of section 257R as a disposal—\n(a) of the investment, or\n(b) (as the case may be) of the part of the investment to which the option relates.\n(3) Nothing in this section prejudices section 257LB (no pre-arranged exits).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 5B inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 11 para. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/257RB",
    "retrieved_at": "2026-10-29T09:13:03.599581+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}