2006 No. 184

CAPITAL GAINS TAX
CORPORATION TAX

The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2006

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, make the following Order:

Citation1

This Order may be cited as the Taxation of Chargeable Gains (Gilt-edged Securities) Order 2006.

Securities specified as gilt-edged securities2

For the purposes of Schedule 9 to the Taxation of Chargeable Gains Act 1992 (gilt-edged securities) the following securities are specified—

  • 4¼% Treasury Gilt 2011;

  • 4¾% Treasury Stock 2020;

  • 4¼% Treasury Stock 2036;

  • 1¼% Index-linked Treasury Gilt 2055;

  • 4¼% Treasury Gilt 2055.

Dave WattsTom WatsonTwo of the Lords Commissioners of Her Majesty’s Treasury

(This note is not part of the Order)

This Order specifies five 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, are specified in Part 2 of Schedule 9 to the 1992 Act and in S.I. 1993/950, 1994/2656, 1996/1031, 2001/1122, 2002/2849, 2004/438 and 2005/276.

A complete list of gilts to which this and previous Orders apply may be found on the HM Revenue & Customs website (www.hmrc.gov.uk) or obtained by writing to HM Revenue & Customs, Ministerial Correspondence Unit, 1st Floor, Ferrers House, PO Box 38, Castle Meadow Road, Nottingham, NG2 1BB.