Part 4Savings and investment income
C1Chapter 8Profits from deeply discounted securities
Annotations:
Modifications etc. (not altering text)
Special rules for strips of government securities
450F1Market value of strips etc.
1
The Treasury may make regulations as to the manner for determining—
a
the market value at any time of a strip for the purposes of this Chapter, and
b
the market value at any time of a security exchanged for strips of that security for the purposes of section 445(1).
2
The regulations may—
a
make different provision for different cases, and
b
contain incidental, supplemental, consequential and transitional provision and savings.
Pt. 4 Ch. 8 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 406(4), 1329(1) (with Sch. 2 Pts. 1, 2)