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SCHEDULES

SCHEDULE 2Securities

Contracts for differences

7(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;

(b)the price of particular relevant securities; or

(c)the interest rate offered on money placed on deposit.

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