{
  "url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-522",
  "json_url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-522.json",
  "legislation": "ukpga/2003/1",
  "legislation_title": "Income Tax (Earnings and Pensions) Act 2003",
  "legislation_url": "https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003",
  "path": "section/522",
  "kind": "section",
  "number": "522",
  "heading": "Share options to which this Chapter applies",
  "text": "(1) This Chapter applies to a share option granted to an individual—\n(a) in accordance with the provisions of a Schedule 4 CSOP scheme, and\n(b) by reason of the individual’s office or employment as a director or employee of a company.\n(2) The individual may be a director or employee of the company whose shares are the subject of the share option, or of some other company.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 522(1)(a) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 161, 204 (with Sch. 8 paras. 205-215)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/1/section/522",
    "retrieved_at": "2026-10-29T09:18:42.395488+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."
}