# The European Single Currency (Taxes) Regulations 1998, Regulation 32: Disapplication of accrued income provisions in respect of an exchange or conversion of securities resulting from a euroconversion


An exchange or conversion of securities that arises solely as a result of actions to effect a euroconversion of those securities shall not constitute, or be treated as, a transfer of those securities for the purposes of the accrued income provisions.

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Source: https://www.legislation.gov.uk/uksi/1998/3177/regulation/32 (the official version)
Page: https://openlegislation.uk/european-single-currency-taxes-regulations-1998/regulation-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.