551Charge to tax on profits from disposal of deposit rightsU.K.
This section has no associated Explanatory Notes
(1)Income tax is charged on profits and gains from the disposal of deposit rights.
(2)For the purposes of this section, the exercise of a deposit right is a disposal of itF1....
Textual Amendments
F1Words in s. 551(2) omitted (with effect in accordance with Sch. 25 para. 10 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 25 para. 9(2)(a)(i)