SCHEDULES
SCHEDULE 2Transitionals and savings
Part 12Manufactured payments and repos
Deemed manufactured payments: repos
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1
Section 602 does not apply if—
a
the securities are UK shares or UK securities, and
b
the agreement to sell them was entered into by the original owner before 1 May 1995.
2
Section 602 does not apply if—
a
the securities are overseas securities, and
b
the agreement to sell them was entered into by the original owner before 6 November 1996.