This section has no associated Explanatory Notes
13(1)Loan stock, bonds and other instruments—U.K.
(a)creating or acknowledging indebtedness; and
(b)issued by or on behalf of a government, local authority or public authority.
(2)“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.