# The London Authorities (Property etc.) Order 1964, Article 38


Any payment made under this order or any adjustment made in consequence of the Act in respect of any liability for the redemption of a loan shall for tax purposes be deemed to be a capital payment, and any payment so made in respect of interest shall for tax purposes be deemed to be an annual payment.

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Source: https://www.legislation.gov.uk/uksi/1964/1464/article/38 (the official version)
Page: https://openlegislation.uk/london-authorities-property-etc-order-1964/article-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.