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Paragraph 7 Adjustments in respect of futures contracts

Original text. Later amendments are not shown.

For the purposes of paragraph 6 above, the company shall be deemed to have acquired or disposed of assets pursuant to a futures contract if, at the relevant date, it has entered into (and not closed out) a futures contract which—

(a)

provides for the acquisition of assets by that company; or

(b)

is listed and provides for the disposal of assets by the company or

(c)

is not listed but provides for the disposal of assets by the company to an approved counterparty within one year of the relevant date.