Financial Services Act 1986

Government and public securities

3 Loan stock, bonds and other instruments creating or acknowledging indebtedness issued by or on behalf of a government, local authority or public authority.

• Notes

  (1)

  In this paragraph " government, local authority or public authority " means—

  (a)

  the government of the United Kingdom, of Northern Ireland, or of any country or territory outside the United Kingdom ;

  (b)

  a local authority in the United Kingdom or elsewhere;

  (c)

  any international organisation the members of which include the United Kingdom or another member State.

  (2)

  The Note to paragraph 2 above shall, so far as applicable, apply also to this paragraph.