ERSM110060 - Securities Options: application of Chapter 5 (amended by Schedule 22) to options
The rules governing the application of Chapter 5 Part 7 ITEPA 2003 are broadly similar to those for Chapters 2 to 4A on securities. Guidance may be found on:
| Whether options acquired by reason of employment | ERSM20210 |
| Exception for family or personal relationships | ERSM20220 |
| Employment-related securities option - definition | ERSM20230 |
| Who is within charge - directors, office-holders & employees | ERSM20240 |
| Associated persons and “the box” | ERSM20250 |
| Exclusion for death | ERSM20270 |
| Effect of 7-year rule after leaving employment on options | ERSM20280 |
| Exclusion for residence (up to 5 April 2015) | ERSM20300 |
| Split year treatment | ERSM20310 |
| Exclusions for disability | ERSM20350 |
| Former and prospective employments | ERSM20360 |
| Negative amounts treated as nil | ERSM20390 |
| Meaning of “market value” | ERSM20400 |
| Cashless exercise | ERSM20410 |
| Acquisition - definition | ERSM20420 |
| Consideration - definition | ERSM20430 |