Paragraph 103
(1)
Securities do not meet Condition A in section 1015 if they were issued—
(a)
before 6 April 1965 in respect of shares, or
(b)
before 6 April 1972 in respect of securities.
(2)
Securities do not fall within section 1015(3)(a)(ii) if they were issued before 6 April 1972.