648 Strips of gilt-edged securities
Income Tax Act 2007 (2007 c 3) | Legislation

Further transactions treated as transfers

648  Strips of gilt-edged securities

(1)     The exchange of a gilt-edged security for strips of that security is treated for the purposes of this Chapter as a transfer of the security by the person who exchanges the security.

(2)     But no one is treated as the

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