Part 13 Accrued Income Profits
Income Tax Act 2007 (2007 c 3) | Legislation

Part 13 Accrued Income Profits

Sale and repurchase arrangements

125

(1)     Section 655 applies only if—

(a)     in the case of overseas securities, the agreement to sell the securities mentioned in section 654(2) is entered into after 5 November 1996, and

(b)     in any other case, the agreement to sell the securities so mentioned is entered into after 30 April 1995.

(2)     In sub-paragraph

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