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Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Special rules for strips of government securities

  • Section 443 Application of this Chapter to strips of government securities
  • Section 444 Meaning of “strip” in Chapter 8
  • Section 445 Strips of government securities: acquisitions and disposals
  • Section 446 Strips of government securities: relief for losses
  • Section 447 Restriction of profits on strips by reference to original acquisition cost
  • Section 448 Restriction of losses on strips by reference to original acquisition cost
  • Section 449 Strips of government securities: manipulation of acquisition, transfer or redemption payments
  • Section 450 Market value of strips etc.
  • Section 451 Market value of strips etc. quoted in foreign stock exchange lists
  • Section 452 Power to modify this Chapter for strips
  1. Income Tax (Trading and Other Income) Act 2005
  2. /
  3. /Special rules for strips of government securities

Section 452 | Power to modify this Chapter for strips

From legislation.gov.uk

15 July 2026

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(1)The Treasury may by regulations provide that this Chapter is to apply to a strip with such modifications as they consider appropriate.

(2)This section is without prejudice to the general power to make regulations under section 202 of FA 1996 (gilt stripping).

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