Chwilio Deddfwriaeth

Finance Act 1987

 Help about what version

Pa Fersiwn

 Help about advanced features

Nodweddion Uwch

 Help about opening options

Dewisiadau AgorExpand opening options

Changes over time for: Paragraph 4

 Help about opening options

Version Superseded: 19/03/1997

Alternative versions:

Status:

Point in time view as at 01/09/1994. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 1987, Paragraph 4. Help about Changes to Legislation

4(1)In section 89, after subsection (1) there shall be inserted —

(1A)Section 87 above shall not apply as regards an agreement to transfer securities to B or his nominee if the agreement is made by B in the ordinary course of his business as a market maker in securities consisting of related quoted options; and in this subsection —

(a)quoted options” means options quoted on The Stock Exchange, and

(b)related quoted options” means quoted options to buy or sell securities of the kind transferred.

(2)This paragraph shall be deemed always to have had effect.

Yn ôl i’r brig

Options/Help