UK Statutory Instrument SI 1998/3177 United Kingdom

The European Single Currency (Taxes) Regulations 1998

Status
In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

47 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Interpretation
s.003 Definition of euroconversion
s.004 Interpretation
s.005 Trading companies
s.006 Investment companies and insurance companies—deemed expenses of management
s.007 Deferral of unrealised gains
s.008 Interest rate contracts (including options)—change in rate of interest
s.009 Currency contracts (including options)—change in rate of interest
s.010 Currency contracts (including options)—conversion into euro
s.011 Debt contracts (including options)—conversion into euro
s.012 Exchange or conversion of relevant discounted securities
s.013 Interpretation
s.014 Replacement of securities in a euroconversion
s.015 Payment or benefit received by interim holder on euroconversion
s.016 Payment deemed to be made by interim holder on euroconversion
s.017 Renominalisation resulting in new minimum denomination in which securities can be held or traded
s.018 Payment made or deemed to be made by interim holder in respect of euroconversion—chargeable gains consequences
s.019 Euroconversion—loan relationships consequences
s.020 Interpretation
s.021 Deemed capital payment
s.022 Renominalisation resulting in new minimum amount in which securities can be held or traded
s.023 Payment made by borrower to lender in respect of euroconversion—chargeable gains consequences
s.024 Interpretation
s.025 Replacement of stock in a euroconversion
s.026 Replacement of chargeable securities in a euroconversion
s.027 Payment or benefit received by transferee of stock on euroconversion
s.028 Payment or benefit received by transferee of chargeable securities on euroconversion
s.029 Renominalisation resulting in new minimum denomination in which stock can be held or traded
s.030 Renominalisation resulting in new minimum denomination in which chargeable securities can be held or traded
s.031 Interpretation
s.032 Disapplication of accrued income provisions in respect of an exchange or conversion of securities resulting from a euroconversion
s.033 Disapplication of variable interest rate provision in certain circumstances
s.034 Calculation of accrued amount or rebate amount in the event of a euroconversion of securities
s.035 Treatment of capital sum receivable on euroconversion of securities
s.036 Equation of holding of non-sterling currency with new euro holding on euroconversion
s.037 Equation of debt (other than a debt on a security) on euroconversion
s.038 Derivatives over assets the subject of euroconversion
s.039 Cash payments received on euroconversion of securities
s.040 Replacement of currency used in accounts of controlled foreign company by euro
s.041 Introductory
s.042 Period for determining validity of elections
s.043 Existing election for ecu or participating currencies
s.044 Treatment of existing part trade elections in participating currencies
s.045 Election for whole trade where part trade election already exists
s.046 Determination of rate of exchange where part trade election replaced by whole trade election or combined part trade election
s.047 Part trade elections for new part trades

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.