Part 17Manufactured payments and repos
Chapter 5Stock lending arrangements and repos
Interpretation
806Section 805: supplementary
(1)
In section 805 “UK securities” means securities of—
(a)
the government of the United Kingdom,
(b)
a local authority in the United Kingdom,
(c)
another public authority in the United Kingdom, or
(d)
a UK resident company or other UK resident body.
(2)
But in that section “UK securities” does not include UK shares.
(3)
In subsection (1) “securities” includes loan stock or any similar security.