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


(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.
(2) The grant of the option is treated for the purposes of section 257R as a disposal—
(a) of the investment, or
(b) (as the case may be) of the part of the investment to which the option relates.
(3) Nothing in this section prejudices section 257LB (no pre-arranged exits).

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