OpenLegislation

Paragraph 7

Original text. Later amendments are not shown.

(1)

Rights under a contract which does not provide for the delivery of securities but whose purpose or pretended purpose is to secure a profit or avoid a loss by reference to fluctuations in—

(a)

a share index or other similar factor connected with relevant securities; or

(b)

the price of particular relevant securities.

(2)

In sub-paragraph (1) above “relevant securities” means any security falling within any other paragraph of this Schedule.