# Finance Act 1990, Paragraph 3

Extent: E+W+S+N.I.

(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.

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Source: https://www.legislation.gov.uk/ukpga/1990/29/schedule/10/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-act-1990/schedule-10/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.