Part 7

Derivative contracts
Chapter 2

Contracts to which this Part applies

Meaning of “derivative contract” and other basic definitions

“Relevant contract”
577
1
In this Part “relevant contract” means—
a
an option,
b
a future, or
c
a contract for differences.
2
For the meaning of “option”, “future” and “contract for differences”, see sections 580, 581 and 582 respectively.
Pt. 7 modified (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 88(1)(2)(7) (with s. 147, Sch. 17)
Pt. 7 modified by 2007 c. 3, s. 809FZZ(8) (as inserted (with effect in accordance with s. 37(4) of the amending Act) by Finance Act 2016 (c. 24), s. 37(2))
Pt. 7 modified (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 601, 1184(1) (with Sch. 2)