CG54211 - Qualifying corporate bonds: relevant discounted securities: meaning

FA96/SCH13/PARA3 (2)

Certain assets are specifically not relevant discounted securities. These are

• shares in a company
• life assurance policies
• capital redemption policies
• excluded indexed securities, see CG54215+
• gilt-edged securities, other than gilt strips, see CG54224
• certain securities issued under a prospectus, see CG54227.