Income Tax (Earnings and Pensions) Act 2003 section Schedule 5 paragraph 41

Grant of replacement option

Section Schedule 5 paragraph 41 sets out the rules for replacing an existing EMI share option with a new equivalent option when a company undergoes a reorganisation and is acquired by another company.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.