6(1)Paragraph 5 above applies where there is a redemption of a deep gainsecurity as well as where there is a transfer.
(2)In its application by virtue of sub-paragraph (1) above, paragraph 5 aboveshall have effect as if—
(a)references to the person making the transfer were to the person who wasentitled to the security immediately before redemption, and
(b)other references to transfer were to redemption.