Part 7Employment income: share-related income and exemptions
Chapter 8Approved CSOP schemes
Introduction
522Share options to which this Chapter applies
1
This Chapter applies to a share option granted to an individual—
a
in accordance with the provisions of an approved 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.