28(1)Section 64 of the [1984 c. 43.] Finance Act 1984 (qualifying corporate bonds) shall be amended as follows.
(2)The following subsection shall be inserted after subsection (3C)—
“(3D)For the purposes of this section “corporate bond” also includes a security—
(a)which is not included in the definition in subsection (2) above, and
(b)which, by virtue of paragraph 22A(2) or 22B(3) of Schedule 11 to the [1989 c. 26.] Finance Act 1989, falls to be treated as a deep gain security as mentioned in the paragraph concerned.”
(3)The following subsection shall be inserted after subsection (5C)—
“(5D)Subject to subsection (6) below, for the purposes of this section and Schedule 13 to this Act a corporate bond which falls within subsection (3D) above is a qualifying corporate bond as regards a disposal made after the time mentioned in paragraph 22A(1)(c) or 22B(2)(b) (as the case may be) of Schedule 11 to the Finance Act 1989.”