51(1)The Inland Revenue may by notice require a person to provide them with information—
(a)which they reasonably require for the performance of their functions under the EMI code, and
(b)which the person to whom the notice is addressed has or can reasonably obtain.
(2)The power conferred by this paragraph extends, in particular, to information to enable the Inland Revenue—
(a)to decide whether a share option is a qualifying option, or
(b)to determine the liability to tax, including capital gains tax, of any person who has been granted a qualifying option.
(3)The notice must require the information to be provided within a specified period, which must not end earlier than 3 months after the date when the notice is given.