# Income Tax (Earnings and Pensions) Act 2003, Paragraph 21

Extent: E+W+S+N.I.

(1) A CSOP scheme must meet the requirements of—
paragraph 21A (general requirements as to terms of option),
paragraph 22 (requirements as to price for acquisition of shares), and
paragraph 23 (share options may not be transferred).
(2) A CSOP scheme may make any provision authorised by—
paragraph 24 (exercise of options: ceasing to be director or employee), ...
paragraph 25 (exercise of options: death) , or
paragraph 25A (exercise of options: company events)

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/4/paragraph/21 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-4/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.