Finance Act, 1999

Amendment of section 150 (stock borrowing) of Finance Act, 1995.

144.—(1) Section 150 of the Finance Act, 1995 , is hereby amended in subsection (1) by the substitution, in the definition of “stock”, of “dealt in” for “quoted”.

(2) This section shall apply to stock borrowing transactions entered into on or after the date of the passing of this Act.