Section 1003 “Shares” etc

(1)

In this Part “shares” includes—

(a)

an interest in shares, and

(b)

stock or an interest in stock.

(2)

For the purposes of this Part shares are acquired by a person when the person acquires a beneficial interest in them (and not, if different, when they are conveyed or transferred).

Notes on Part 12

Modifications

C1: Pt. 12 applied by 2010 c. 8, s. 425(5) (as inserted (with effect in accordance with Sch. 5 para. 25(1)-(3) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 1 (with Sch. 5 paras. 27, 32-34))