CG55002 | Conversion of securities: exceptions to reorganisation rules
From HM Revenue & Customs · Capital Gains Manual
There are two specific cases in which the normal reorganisation rules do not apply
the receipt of a small cash premium on a conversion is not treated as a disposal, see CG55030+
the reorganisation provisions do not apply to the issue of gilt-edged securities as compensation in a compulsory scheme of nationalisation which occurred after 6 April 1976, see CG55045+.