Section 452A Application of this Chapter to corporate stripsF1F2
All corporate strips are treated as deeply discounted securities for the purposes of this Chapter, whether or not they would otherwise be so.
This Chapter applies to corporate strips subject to the rules in—
section 452F (corporate strips: acquisitions and disposals), and
section 452G (corporate strips: manipulation of acquisition, transfer or redemption payments).
Annotations
Textual amendments
- F1
Ss. 452A-452G and preceding cross-heading inserted (retrospectively) by Finance (No. 2) Act 2005 (c. 22), s. 39, Sch. 7 para. 25(8)(10)
- F2
Ss. 452A-452G and preceding cross-heading inserted (retrospectively) by Finance (No. 2) Act 2005 (c. 22), s. 39, Sch. 7 para. 25(8)(10)
Notes on Chapter 8
Modifications
- C1
Pt. 4 Ch. 8 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 406(4), 1329(1) (with Sch. 2 Pts. 1, 2)