[263A Agreements for sale and repurchase of securities: capital gains tax]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[263A  Agreements for sale and repurchase of securities: capital gains tax]

[[(A1)     For the purposes of this section there is a repo in respect of securities if—

(a)     a person (“the original owner”) has agreed to sell the securities to another person (“the interim holder”), and

(b)     the original owner or a person connected with the original owner—

(i)     is required to buy back the securities by the agreement or a related agreement,

(ii)     is required to buy back the securities as a result of the exercise of an option acquired under the agreement or a related agreement, or

(iii)     exercises an option to buy back the securities which was acquired under

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