2004 No. 438
TAXES

The Capital Gains Tax (Gilt-edged Securities) Order 2004

Made
The Treasury, in exercise of the powers conferred upon them by paragraph 1 of Schedule 9 to the Taxation of Chargeable Gains Act 19921 hereby make the following Order:

1.

This Order may be cited as the Capital Gains Tax (Gilt-edged Securities) Order 2004.

2.

The following securities are hereby specified for the purposes of Schedule 9 to the Taxation of Chargeable Gains Act 1992—

  • 4½% Treasury Stock 2007

  • 4% Treasury Stock 2009

  • 4¾% Treasury Stock 2015.

Jim Murphy
John Heppell
Two of the Lords Commissioners of Her Majesty’s Treasury
(This note is not part of the Order)

This Order specifies three further gilt-edged securities disposals of which are exempt from tax on chargeable gains in accordance with section 115 of the Taxation of Chargeable Gains Act 1992 (“the 1992 Act”).

Other gilt-edged securities disposals of which are exempt from tax on chargeable gains in accordance with section 115 of the 1992 Act are specified in Part II of Schedule 9 to the 1992 Act and in S.I. 1993/950, 1994/2656, 1996/1031, 2001/1122, and 2002/2849.

A complete list of gilts to which this and previous Orders apply may be found on the Inland Revenue Website (www.inlandrevenue.gov.uk) or obtained by writing to the address given below:

Inland Revenue,

Capital & Savings Ministerial Correspondence Unit,

1st Floor,

Ferrers House,

PO Box 38,

Castle Meadow Road,

Nottingham

NG2 1BB