# Finance Act 1996, Paragraph 8


In Schedule 9 to the Taxation of Chargeable Gains Act 1992 (gilt-edged securities), after paragraph 1 there shall be inserted the following paragraph—
“1A (1) Any security which is a strip of a security which is a gilt-edged security for the purposes of this Act is also itself a gilt-edged security for those purposes.
(2) In this paragraph “strip” has the same meaning as in section 47 of the Finance Act 1942.”

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Source: https://www.legislation.gov.uk/ukpga/1996/8/schedule/40/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-1996/schedule-40/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.