99 Interpretation
Finance Act 1986 (1986 c 41) | Legislation

99 Ìý±õ²Ô³Ù±ð°ù±è°ù±ð³Ù²¹³Ù¾±´Ç²Ô

(1)ÌýÌýÌýÌý This section applies for the purposes of this Part of this Act.

[(1A)ÌýÌýÌýÌý “Bearer instrument†has the same meaning as in Schedule 15 to the Finance Act 1999.

An instrument is a “UK bearer instrument†or “non-UK bearer instrument†according to whether it is issued by or on behalf of a UK company or a non-UK company within the meaning of that Schedule.]

(2)ÌýÌýÌýÌý “The Board†means the Commissioners of Inland Revenue.

[(3)ÌýÌýÌýÌý Subject to the following provisions of this section, “chargeable securities†means—

(a)ÌýÌýÌýÌý stocks, shares or loan capital,

(b)ÌýÌýÌýÌý interests in, or in dividends or other rights arising out of, stocks, shares or loan capital,

(c)ÌýÌýÌýÌý rights to allotments of or to subscribe for, or options to acquire, stocks, shares or loan capital, and

(d)ÌýÌýÌýÌý units under a unit trust scheme.

(4)ÌýÌýÌýÌý “Chargeable securities†does not include securities falling within paragraph (a), (b) or (c) of subsection (3) above which are issued or raised by a body corporate not incorporated in the United Kingdom unless—

(a)ÌýÌýÌýÌý they are registered in a register

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