Finance Act 2007 (c. 11)

SCHEDULES

SCHEDULE 26 U.K. Meaning of "recognised stock exchange" etc

Meaning of “recognised stock exchange” etc in Tax Acts and TCGA 1992 U.K.

2 U.K. For section 841 of ICTA substitute—

“841 Meaning of “recognised stock exchange” etc

(1) In the Corporation Tax Acts “recognised stock exchange” has the same meaning as in the Income Tax Acts (see subsections (1) and (2) of section 1005 of ITA 2007).

(2) References in the Corporation Tax Acts to securities which are listed on a recognised stock exchange are to be read in accordance with subsections (3) and (4) of that section.

(3) References in the Corporation Tax Acts to securities which are included in the official UK list are to be read in accordance with subsection (5) of that section.

(4) In this section “securities” includes shares and stock.”