{
  "url": "https://openlegislation.uk/finance-act-2014/section-128",
  "json_url": "https://openlegislation.uk/finance-act-2014/section-128.json",
  "legislation": "ukpga/2014/26",
  "legislation_title": "Finance Act 2014",
  "legislation_url": "https://openlegislation.uk/finance-act-2014",
  "path": "section/128",
  "kind": "section",
  "number": "128",
  "heading": "Spread bets",
  "text": "(1) A bet is a spread bet for the purposes of this Part if it constitutes a contract the making or accepting of which is a regulated activity within the meaning of section 22 of the Financial Services and Markets Act 2000.\n(2) In this Part—\n“financial spread bet” means a spread bet the subject of which is a financial matter, and\n“non-financial spread bet” means any other spread bet.\n(3) The Commissioners may by regulations provide that a specified matter—\n(a) is to be treated as a financial matter for the purposes of subsection (2), or\n(b) is not to be treated as a financial matter for those purposes.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/26/section/128",
    "retrieved_at": "2026-10-28T17:01:45.159579+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}