Related Commentary  Related HMRC Manuals

47(1)  The Treasury may by regulations provide–

(a)for the transfer in law by instrument in writing or otherwise of stock and registered bonds of the descriptions specified in Part I of the Eleventh Schedule to this Act;

(b)for the administration of such stock and bonds (including the registration of holders) by such one or more persons as the Treasury may appoint in accordance with the regulations and the closure of any register;

(bb)for the redemption of such stock and bonds;

(bc)for the exchange of any such stock and bonds (whenever issued) for strips thereof;

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

No subscription?

Contact us to discuss your requirements.