F1PART 5ASeed enterprise investment scheme
CHAPTER 6Withdrawal or reduction of SEIS relief
Introduction
257FCCall options
(1)
This section applies if the investor grants an option which, if exercised, would bind the investor to sell any of the relevant shares.
(2)
The grant of the option is treated for the purposes of section 257FA as a disposal of the shares to which the option relates.
(3)
Nothing in this section prejudices section 257CD (no pre-arranged exits).