C1Part IV Shares, securities, options etc.
C2F1Chapter 4Alternative finance arrangements
Pt. 4 Ch. 4 inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 2 para. 28 (with Sch. 9 paras. 1-9, 22)
Pt. 4 Ch. 4 applied (with modifications) (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 9 para. 40 (with Sch. 9 paras. 1-9, 22)
F2Special rules for investment bond arrangements
S. 151T and cross-heading inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 2 para. 40 (with Sch. 9 paras. 1-9, 22)
151VF3Treatment 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).
Pt. IV: power to modify conferred (7.4.2005) by Finance Act 2005 (c. 7), s. 21(8)-(10)