Sch 2 para 13
(1) This paragraph applies if— (a) an option is granted binding the grantor to sell an asset and the grant of the option is a disposal to which this Schedule applies, and (b) the option is then exercised so that, as a result of section 144(2) or 144A(2)(b) of TCGA 1992, the grant of the option is treated as the same transaction as the sale. (2) Despite section 144(2) or 144A(2)(b) of TCGA 1992, the grantor remains subject to the obligations under this Schedule in relation to the grant of the option. (3) In this paragraph references to sale are to be read in accordance with section 144(6) of TCGA 1992.