SCHEDULES

Valid from 10/07/2003

SCHEDULE 39 U.K. Relevant discounted securities: withdrawal of relief for costs and losses, etc

Extension of provisions about strips to strips of foreign government securities U.K.

4 U.K. In the definition of “strip” in paragraph 15(1) of that Schedule, for “is a strip of a gilt-edged security” substitute “ is a strip of a security, or would be if that section had effect with the substitution in subsection (1B) of “issued by or on behalf of the government of any territory” for “issued under the National Loans Act 1968” ”.