436 Deeply discounted securities issued in separate tranches: nominal value rule
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

436  Deeply discounted securities issued in separate tranches: nominal value rule

(1)     This section only applies if some of the securities in one or more later issues under the same prospectus are deeply discounted securities (or are such securities if the rule in section 435 is ignored).

(2)     The rule in this section applies for any disposal

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