96 Special rules for certain other gilts.U.K.
(1)This section applies as respects any loan relationship of a company if—
(a)it is represented by a security of any of the following descriptions—
(i)3½% Funding Stock 1999-2004; or
(ii)5½% Treasury Stock 2008-2012;
and
(b)it is one to which the company is a party otherwise than in the course of activities that form an integral part of a trade carried on by the company.
(2)The amounts falling for any accounting period to be brought into account for the purposes of this Chapter in respect of a loan relationship to which this section applies shall be confined to amounts relating to interest.
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1S. 96(3) repealed (with effect in accordance with s. 52(3) of the amending Act) by Finance Act 2004 (c. 12), Sch. 10 para. 15, Sch. 42 Pt. 2(6)