# Taxation of Chargeable Gains Act 1992, Section 151V: Treatment as securities


(1) Investment bond arrangements are securities for the purposes of this Act and any other enactment about capital gains tax.
(2) For those purposes—
(a) a reference in an enactment to redemption is to be taken as a reference to making the redemption payment, and
(b) a reference in an enactment to interest is to be taken as a reference to alternative finance return.
(3) In subsection (2) “the redemption payment” has the same meaning as in section 151N (see subsection (1)(d)(ii) of that section).

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Source: https://www.legislation.gov.uk/ukpga/1992/12/section/151V (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-151V
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.