Part 6Relationships treated as loan relationships etc
Chapter 6Alternative finance arrangements
Treatment for other tax purposes
518Investment bond arrangements: treatment as securities
(1)
Investment bond arrangements are securities for the purposes of the Corporation Tax Acts.
(2)
For those purposes—
(a)
a reference in an enactment to redemption is to be taken as a reference to making the redemption payment, and
(b)
a reference in an enactment to interest is to be taken as a reference to alternative finance return.
(3)
In subsection (2) “the redemption payment” has the same meaning as in section 507 (see subsection (1)(d)(ii) of that section).