Schedule 13 | Discounted securities: income tax provisions ^F1

Charge to tax on realised profit comprised in discount

(1)Repealed

Realised losses on discounted securities

(2)Repealed

Meaning of “relevant discounted security”

(3)Repealed

Issue price etc of securities issued in accordance with qualifying earn-out right

(3A)Repealed

Meaning of “transfer”

(4)Repealed

Redemption to include conversion

(5)Repealed

Trustees and personal representatives

(6)Repealed

Treatment of losses where income exempt

(7)Repealed

Transfers between connected persons

(8)Repealed

Other transactions deemed to be at market value

(9)Repealed

Securities issued to connected person etc at price in excess of market value: transfer to connected person

(9A)Repealed

Issue of securities in separate tranches

(10)Repealed

Accrued income scheme

(11)Repealed

Assets transferred abroad

(12)Repealed

Excluded indexed securities

(13)Repealed

Meaning of corporate strip and conversion into corporate strips

(13A)Repealed

Corporate strips deemed to be relevant discounted securities

(13B)Repealed

Corporate strips: manipulation of acquisition, sale or redemption price

(13C)Repealed

Corporate strips: manipulation of price: associated payment giving rise to CGT loss

(13D)Repealed

Strips of government securities

(14)Repealed

Strips of government securities: losses

(14A)Repealed

Strips of government securities: manipulation of acquisition, sale or redemption price

(14B)Repealed

Strips: manipulation of price: associated payment giving rise to capital gains tax loss

(14C)Repealed

Restriction of profits and losses on strips by reference to original acquisition cost

(14D)Repealed

Market value of strips etc for the purposes of paragraphs 8, 9, 14 and 14B

(14E)Repealed

General interpretation

(15)Repealed

Application of Schedule for income tax purposes only

(16)Repealed