# The Capital Gains Tax (Gilt-edged Securities) Order 1996 S.I. 1996/1031 · made 3 April 1996 This Order specifies gilt-edged securities disposals of which are exempt from tax on capital gains in accordance with section 115 of the Taxation of Chargeable Gains Act 1992 (“the 1992 Act”). Made under: Taxation of Chargeable Gains Act 1992 (Schedule 9 paragraph 1) ## Introductory text TAXES Made 3rd April 1996 The Treasury, in exercise of the powers conferred on them by paragraph 1 of Schedule 9 to the Taxation of Chargeable Gains Act 1992, hereby make the following Order: ## 1 This Order may be cited as the Capital Gains Tax (Gilt-edged Securities) Order 1996. ## 2 The following securities are hereby specified for the purposes of Schedule 9 to the Taxation of Chargeable Gains Act 1992— 8% Treasury Stock 2000 8% Treasury Stock 2000 “A” 8½% Treasury Stock 2005 7½% Treasury Stock 2006 8% Treasury Stock 2015 8% Treasury Stock 2015 “A”. ## Signature Bowen Wells Liam Fox Two of the Lords Commissioners of Her Majesty’s Treasury 3rd April 1996 ## Explanatory note (This note is not part of the Order) This Order specifies gilt-edged securities disposals of which are exempt from tax on capital gains in accordance with section 115 of the Taxation of Chargeable Gains Act 1992 (“the 1992 Act”). Other gilt-edged securities disposals of which are exempt from tax on capital gains in accordance with section 115 of the 1992 Act are specified in Part II of Schedule 9 to the 1992 Act and in S.I. 1993/950 and 1994/2656, and are listed below. Stocks and bonds charged on the National Loans Fund 2½% Annuities 1905 or after 2¾% Annuities 1905 or after 2½% Consolidated Stock 1923 or after 3½% War Loan 1952 or after 4% Consolidated Loan 1957 or after 3½% Conversion Loan 1961 or after 3% Treasury Stock 1966 or after 2½% Treasury Stock 1975 or after 12¾% Treasury Loan 1992 8% Treasury Loan 1992 10% Treasury Stock 1992 3% Treasury Stock 1992 12¼% Exchequer Stock 1992 13½% Exchequer Stock 1992 10½% Treasury Convertible Stock 1992 2% Index-Linked Treasury Stock 1992 12½% Treasury Loan 1993 6% Funding Loan 1993 13¾% Treasury Loan 1993 10% Treasury Loan 1993 8¼% Treasury Stock 1993 14½% Treasury Loan 1994 12½% Exchequer Stock 1994 9% Treasury Loan 1994 10% Treasury Loan 1994 13½% Exchequer Stock 1994 8½% Treasury Stock 1994 8½% Treasury Stock 1994 “A” 2% Index-Linked Treasury Stock 1994 3% Exchequer Gas Stock 1990–95 12% Treasury Stock 1995 10¼% Exchequer Stock 1995 12¾% Treasury Loan 1995 9% Treasury Loan 1992–96 15¼% Treasury Loan 1996 13¼% Exchequer Loan 1996 14% Treasury Stock 1996 2% Index-Linked Treasury Stock 1996 10% Conversion Stock 1996 10% Conversion Stock 1996 “A” 10% Conversion Stock 1996 “B” 13¼% Treasury Loan 1997 10½% Exchequer Stock 1997 8¾% Treasury Loan 1997 8¾% Treasury Loan 1997 “B” 8¾% Treasury Loan 1997 “C” 8¾% Treasury Loan 1997 “D” 8¾% Treasury Loan 1997 “E” 15% Exchequer Stock 1997 7% Treasury Convertible Stock 1997 6¾% Treasury Loan 1995–98 15½% Treasury Loan 1998 12% Exchequer Stock 1998 12% Exchequer Stock 1998 “A” 9¾% Exchequer Stock 1998 9¾% Exchequer Stock 1998 “A” 7¼% Treasury Stock 1998 “A” 7¼% Treasury Stock 1998 “B” 12% Exchequer Stock 1998 “B” 4⅝% Index-Linked Treasury Stock 1998 7¼% Treasury Stock 1998 9½% Treasury Loan 1999 10½% Treasury Stock 1999 12¼% Exchequer Stock 1999 12¼% Exchequer Stock 1999 “A” 12¼% Exchequer Stock 1999 “B” 2½% Index-Linked Treasury Convertible Stock 1999 10¼% Conversion Stock 1999 6% Treasury Stock 1999 Floating Rate Treasury Stock 1999 9% Conversion Stock 2000 9% Conversion Stock 2000 “A” 9% Conversion Stock 2000 “B” 9% Conversion Stock 2000 “C” 8½% Treasury Loan 2000 13% Treasury Stock 2000 13% Treasury Stock 2000 “A” 7% Treasury Stock 2001 7% Treasury Stock 2001 “A” 14% Treasury Stock 1998–2001 2½% Index-Linked Treasury Stock 2001 9¾% Conversion Stock 2001 10% Treasury Stock 2001 9½% Conversion Loan 2001 10% Treasury Stock 2001 “A” 10% Treasury Stock 2001 “B” 12% Exchequer Stock 1999–2002 12% Exchequer Stock 1999–2002 “A” 9½% Conversion Stock 2002 10% Conversion Stock 2002 9% Exchequer Stock 2002 9¾% Treasury Stock 2002 9¾% Treasury Stock 2002 “A” 9¾% Treasury Stock 2002 “B” 9¾% Treasury Stock 2002 “C” 13¾% Treasury Stock 2000–2003 13¾% Treasury Stock 2000–2003 “A” 2½% Index-Linked Treasury Stock 2003 9¾% Conversion Loan 2003 8% Treasury Stock 2003 8% Treasury Stock 2003 “A” 10% Treasury Stock 2003 10% Treasury Stock 2003 “A” 10% Treasury Stock 2003 “B” 3½% Funding Stock 1999–2004 11½% Treasury Stock 2001–2004 9½% Conversion Stock 2004 10% Treasury Stock 2004 6¾% Treasury Stock 2004 6¾% Treasury Stock 2004 “A” 4⅜% Index-Linked Treasury Stock 2004 9½% Conversion Stock 2004 “A” 12½% Treasury Stock 2003–2005 12½% Treasury Stock 2003–2005 “A” 10½% Exchequer Stock 2005 9½% Conversion Stock 2005 9½% Conversion Stock 2005 “A” 8% Treasury Loan 2002–2006 8% Treasury Loan 2002–2006 “A” 2% Index-Linked Treasury Stock 2006 9¾% Conversion Stock 2006 7¾% Treasury Stock 2006 11¾% Treasury Stock 2003–2007 11¾% Treasury Stock 2003–2007 “A” 8½% Treasury Loan 2007 8½% Treasury Loan 2007 “A” 8½% Treasury Loan 2007 “B” 8½% Treasury Loan 2007 “C” 13½% Treasury Stock 2004–2008 9% Treasury Loan 2008 9% Treasury Loan 2008 “A” 9% Treasury Loan 2008 “B” 9% Treasury Loan 2008 “C” 9% Treasury Loan 2008 “D” 2½% Index-Linked Treasury Stock 2009 8% Treasury Stock 2009 8% Treasury Stock 2009 “A” 6¼% Treasury Stock 2010 2½% Index-Linked Treasury Stock 2011 9% Conversion Loan 2011 9% Conversion Loan 2011 “A” 9% Conversion Loan 2011 “B” 9% Conversion Loan 2011 “C” 9% Conversion Loan 2011 “D” 5½% Treasury Stock 2008–2012 9% Treasury Stock 2012 9% Treasury Stock 2012 “A” 2½% Index-Linked Treasury Stock 2013 8% Treasury Stock 2013 7¾% Treasury Loan 2012–2015 2½% Treasury Stock 1986–2016 2½% Index-Linked Treasury Stock 2016 2½% Index-Linked Treasury Stock 2016 “A” 12% Exchequer Stock 2013–2017 8¾% Treasury Stock 2017 8¾% Treasury Stock 2017 “A” 2½% Index-Linked Treasury Stock 2020 2½% Index-Linked Treasury Stock 2024 4⅛% Index-Linked Treasury Stock 2030 Securities issued by certain public corporations and guaranteed by the Treasury 3% North of Scotland Electricity Stock 1989–92 --- Source: https://www.legislation.gov.uk/uksi/1996/1031 (the official version) Page: https://openlegislation.uk/capital-gains-tax-gilt-edged-securities-order-1996 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.