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Revisiting Vandervell v IRC: Classification of the Option and Implications

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

Abstract

Considers the nature of options within structured financial products by reference to Vandervell v Inland Revenue Commissioners (HL). Reflects on the House of Lords' approach to the construction of the option agreement concerned. Suggests an alternative approach and assesses how its application may more accurately reflect the legislative provisions involved and contribute to coherence and certainty.
Original languageEnglish
Pages (from-to)397-405
JournalJournal of International Banking Law & Regulation
Volume33
Issue number11
Publication statusPublished - 2018
Externally publishedYes

Research Keywords

  • Classification
  • Financial products
  • Interpretation
  • Options
  • Options to purchase

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