Paragraph 1A F1
(1)
Any security which is a strip of a security which is a gilt-edged security for the purposes of this Act is also itself a gilt-edged security for those purposes.
(2)
In this paragraph “strip” has the same meaning as in section 47 of the Finance Act 1942.
Annotations
Textual amendments
- F1
Sch. 9 para. 1A inserted (29.4.1996) by Finance Act 1996 (c. 8), Sch. 40 para. 8