# Income Tax Act 2007, Section 984: Meaning of “financial instrument”


(1) In this Part “financial instrument” includes—
(a) any money,
(b) any shares or securities,
(c) an option, future or contract for differences if its underlying subject-matter is (or is primarily) one or more financial instruments, and
(d) an instrument the underlying subject-matter of which is (or is primarily) creditworthiness.
(2) For the purposes of subsection (1) if the effect of an instrument depends on an index or factor, the “underlying” subject-matter of the instrument is the matter by reference to which the index or factor is determined.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/984 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-984
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.