67(1)This paragraph applies where in the tax year 2002-03 a company—
(a)granted a share option in respect of which tax might have become chargeable under section 135 of ICTA,
(b)allotted or transferred shares on the exercise of such a share option,
(c)received notice of the assignment of such a share option, or
(d)provided a benefit in money or money’s worth—
(i)for the assignment of such a share option,
(ii)for the release in whole or in part of such a share option,
(iii)for or in connection with a failure, or undertaking not, to exercise such a share option, or
(iv)for or in connection with the grant of, or an undertaking to grant, a right to acquire shares or an interest in shares to which such a share option relates.
(2)Section 486 (duty to notify matters relating to share options) applies in relation to the matter subject to the following provisions.
(3)The particulars required by section 486(2) must be provided to the Inland Revenue before 7th July 2003.
(4)However, no particulars of the provision need be provided by a company under section 486 if the company has already given particulars of it under—
(a)section 136(6) of ICTA (which made provision corresponding to section 486 for tax years before 2003-04), or
(b)paragraph 2 of Schedule 14 to FA 2000 (which made provision corresponding to paragraph 44 of Schedule 5 for tax years before 2003-04).