# Income Tax Act 2007, Section 653: Stock lending


This Chapter does not apply to transfers of securities in circumstances such that any disposal and acquisition are disregarded for the purposes of capital gains tax as a result of section 263B(2) of TCGA 1992 (capital gains tax exemption for disposals in pursuance of stock lending arrangements).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/653 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-653
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.