# Income Tax (Earnings and Pensions) Act 2003, Section 522: Share options to which this Chapter applies

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

(1) This Chapter applies to a share option granted to an individual—
(a) in accordance with the provisions of a Schedule 4 CSOP scheme, and
(b) by reason of the individual’s office or employment as a director or employee of a company.
(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.

---
Source: https://www.legislation.gov.uk/ukpga/2003/1/section/522 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-522
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.