664 Foreign currency securities: sterling equivalent of payments on transfers
Income Tax Act 2007 (2007 c 3) | Legislation

664  Foreign currency securities: sterling equivalent of payments on transfers

(1)     The sterling equivalent of the amount of the payment treated as made on a transfer of securities is determined in accordance with this section if interest on the securities is payable in a currency other than sterling (“a foreign currency”).

(2)     If the

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