Commentary on Sections Overview Chapter 10: Excluded assets Section 801: Right to dispose of or acquire excluded asset also excluded
2114.This section gives an important general extension to the exclusion rules in this Chapter: if an asset is excluded by those rules, so is an option or other right to acquire or dispose of that asset. It is based on paragraph 72 of Schedule 29 to FA 2002.
2115.There is a counterpart, obverse rule in section 713(2).