CG17921j - Taper relief: anti-avoidance rules - periods of inactivity - debentures treated as securities

Under FA02/Sch10 Para8(3)(d), certain debentures are now treated as securities for the purposes of taper relief for disposals on or after 6 April 2001 and for all holding periods, see CG17930. However, TCGA92/SchA1/Para11A (like certain other revenue protection provisions) does not apply to any such debentures in relation to any time before 17 April 2002.