119 Power to exempt UK depositary interests in foreign securities
Finance Act 1999 (1999 c 16) | Legislation

119  Power to exempt UK depositary interests in foreign securities

(1) The Treasury may by regulations make provision excluding from the definition of “chargeable securities” in Part IV of the Finance Act 1986 such rights in or in relation to securities as, in accordance with the regulations, are to be treated as exempt UK depositary interests in foreign securities.

(2) Subject to subsection

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