# Income Tax (Earnings and Pensions) Act 2003, Paragraph 44

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

(1) For a share option to be a qualifying option, notice of the option must be given to an officer of Revenue and Customs on or before 6 July following the end of the tax year in which the option was granted.
(2) The notice must—
(a) be given by the employer company, ...
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The notice must contain, or be supported by, such information as an officer of Revenue and Customs may require for the purpose of determining whether the requirements of this Schedule are met.
(4) The notice must also contain a declaration within sub-paragraph (5).
(5) A declaration within this sub-paragraph is a declaration by a director, or the secretary, of the employer company—
(a) that in the opinion of that person the requirements of this Schedule are met in relation to the option, ... and
(b) that the information provided is, to the best of that person’s knowledge, correct and complete ...
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) Any reference in this Part of this Schedule to the requirements (or any of the requirements) of this Schedule being met in relation to a share option is a reference to the requirements or requirement being met in relation to it at the appropriate time.
(8) The notice, and any information supporting it, must be given electronically.
(9) But, if an officer of Revenue and Customs considers it appropriate to do so, the officer may allow the employer company to give the notice or any supporting information in another way; and, if the officer does so, the notice or information must be given in that other way.
(10) The Commissioners for Her Majesty's Revenue and Customs—
(a) must prescribe how notices and supporting information are to be given electronically;
(b) may make different provision for different cases or circumstances.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/5/paragraph/44 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-5/paragraph-44
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.