Part 15Deduction of income tax at source

Chapter 19General

Interpretation

987Meaning of “quoted Eurobond”

In this Part “quoted Eurobond” means a security, including a share (in particular any permanent interest bearing share as defined in section 117 of TCGA 1992), that—

(a)

is issued by a company,

(b)

is listed on a recognised stock exchange, and

(c)

carries a right to interest.