Part 4Savings and investment income
C1Chapter 8Profits from deeply discounted securities
Annotations:
Modifications etc. (not altering text)
Special rules for strips of government securities
443Application of this Chapter to strips of government securities
1
All strips are treated as deeply discounted securities for the purposes of this Chapter, whether or not they would otherwise be so.
2
This Chapter applies to strips subject to the rules in—
a
section 445 (strips of government securities: acquisitions and disposals),
b
section 446 (strips of government securities: relief for losses),
c
section 447 (restriction of profits on strips by reference to original acquisition cost),
d
section 448 (restriction of losses on strips by reference to original acquisition cost),
e
section 449 (strips of government securities: manipulation of acquisition, transfer or redemption payments), F1and
f
section 450 (market value of strips etc.), and
g
F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pt. 4 Ch. 8 applied (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 406(4), 1329(1) (with Sch. 2 Pts. 1, 2)