# Income Tax Act 2007, Section 564T: Treatment as securities


(1) Investment bond arrangements are securities for the purposes of the Income Tax Acts (including Chapters 1 to 5 of Part 7 of ITEPA 2003).
(2) For those purposes—
(a) a reference in an enactment to redemption is to be taken as a reference to making the redemption payment, and
(b) a reference in an enactment to interest is to be taken as a reference to alternative finance return.
(3) In subsection (2) “the redemption payment” has the same meaning as in section 564G (see subsection (1)(d)(ii) of that section).

---
Source: https://www.legislation.gov.uk/ukpga/2007/3/section/564T (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-564T
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.