318. Meaning of 'securities'.

For the purposes of the Part 7 Chapters 1 to 5 of the Income Tax (Earnings and Pensions) Act 2003, 'securities' means:

  1.  

    (1)     shares in any body corporate (wherever incorporated) or in any unincorporated body constituted under the law of a country or territory outside the UK;

  2.  

    (2)     rights under certain contracts of insurance;

  3.  

    (3)     debentures, debenture stock, loan stock, bonds, certificates of deposit and other instruments creating or acknowledging indebtedness (other than contracts of insurance);

  4.  

    (4)     warrants and other instruments entitling their holders to subscribe for securities;

  5.  

    (5)     certificates and other instruments conferring rights in respect of securities