# Income Tax (Trading and Other Income) Act 2005, Section 452B: Meaning of “interest-bearing corporate security” in Chapter 8


(1) In this Chapter “interest-bearing corporate security” means any interest-bearing security other than—
(a) a security issued by the government of a territory, or
(b) a share in a company.
(2) In this section “interest-bearing security” includes any loan stock or similar security.
(3) Section 452D(4)(a) gives an extended meaning to references to converting an interest-bearing corporate security into corporate strips (and related expressions).

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/452B (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-452B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.