# The Sale and Repurchase of Securities (Amendment of Instruments) Order 2007, Article 3: Amendment of the European Single Currency (Taxes) Regulations 1998 (S.I. 1998/3177)


(1) The European Single Currency (Taxes) Regulations 1998 are amended as follows.
(2) In regulation 14 (replacement of securities in a euroconversion) after paragraph (3) insert—
“(4) The new securities which replace the old securities shall be regarded as similar securities for the purposes of paragraphs 2 and 7 of Schedule 13 to the Finance Act 2007.
(5) In paragraph (4) the reference to similar securities shall be construed in accordance with paragraph 14(4) of Schedule 13 to the Finance Act 2007.”.
(3) Regulation 19 (euroconversion – loan relationships consequences) is revoked.

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Source: https://www.legislation.gov.uk/uksi/2007/2484/article/3 (the official version)
Page: https://openlegislation.uk/sale-and-repurchase-of-securities-amendment-of-instruments-order-2007/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.