Section 619: Meaning of “securities” and when securities are of the same kind
1810.This section defines “securities” for the purposes of the Chapter. It is based on section 710 of ICTA.
1811.The rule in subsection (6), what is meant by securities of the same kind, is important because accrued income profits and losses treated as made under section 628 are computed by reference to transfers of securities of the same kind which occur in the same interest period.