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Paragraph 3

United Kingdom

(1)

A security which was a qualifying convertible security at the time of its issue shall continue to be a qualifying convertible security for the purposes of this Schedule.

(2)

But sub-paragraph (1) above shall have effect subject to paragraphs 4(2) and 5(2) below.

Notes on Schedule 10

Textual amendments

F1

Sch. 10 repealed (29.4.1996 with effect in accordance with the provisions of Chapter II of Part IV of the amending Act) by 1996 c. 8, ss. 104, 205, Sch. 14 para. 58, Sch. 41 Pt. V(3) Note (with Sch. 15 para. 21)