SCHEDULES
SCHEDULE 2 Securities
Contracts for differences
7
(1)
Rights under a contract which does not provide for the delivery of securities but whose purpose or pretended purpose is to secure a profit or avoid a loss by reference to fluctuations in—
(a)
a share index or other similar factor connected with relevant securities;
(b)
the price of particular relevant securities; or
(c)
the interest rate offered on money placed on deposit.
(2)
In sub-paragraph (1) “relevant securities” means any security falling within any other paragraph of this Schedule.