http://www.legislation.gov.uk/uksi/1995/3220/contents/made

The Sale and Repurchase of Securities (Modification of Enactments) Regulations 1995

Capital gains tax

King's Printer of Acts of Parliament

2015-03-10

INCOME TAX

These Regulations modify provisions of the Income and Corporation Taxes Act 1988 and the Taxation of Chargeable Gains Act 1992 dealing with the tax treatment of transactions involving the sale and repurchase of securities. The modifications relate to cases where the securities are redeemed instead of being repurchased, and where other securities are substituted for those originally transferred.