Section 64 | Interpretation.

(1)In this Act, unless the context otherwise requires—^F1

“gilt-edged securities” has the meaning given by Schedule 2 to this Act,

“qualifying corporate bonds” has the meaning given by section 64 of the Finance Act 1984,

“shares” includes stock,

“class”, in relation to shares or securities, means a class of shares or securities of any one company.

(2)For the purposes of this Act shares or debentures comprised in any letter of allotment or similar instrument shall be treated as issued unless the right to the shares or debentures thereby conferred remains provisional until accepted, and there has been no acceptance.