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Legislation
Income Tax Act 2007

Crossheading Investments which are not relevant investments

  • Section 863 General client account deposits
  • Section 864 Qualifying uncertificated eligible debt security units
  • Section 865 Qualifying certificates of deposit
  • Section 866 Qualifying time deposits
  • Section 867 Lloyd's premium trust funds
  • Section 868 Investments held outside the United Kingdom
  • Section 869 Sale and repurchase of securities
  • Section 870 Other investments
  1. Investments which are not relevant investments
  2. Other investments

Section 870 | Other investments

From legislation.gov.uk

(1)An investment with a deposit-taker is not a relevant investment if—

(a)it is a loan made by a deposit-taker in the ordinary course of its business or activities,

(b)it is a debt on a security which is listed on a recognised stock exchange, or

(c)it is a debt on a debenture issued by the deposit-taker (see section 1022).

(2)Repealed

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