Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. para. 3(a) substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 448(2)
Sch. para. 4 words substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 448(3)(a)
Sch. para. 4 words substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 448(3)(b)
Sch. para. 4 words substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 448(3)(c)
Sch. para.6 added by Gilt Strips 1997 reg.7(c)

Fixed-interest securities guaranteed by the government of a relevant state, being securities which will mature for repayment in not more than five years from the relevant date, provided that any guarantee is unconditional in respect of the payment of both principal and interest on those securities.