CG54201 - Qualifying corporate bonds: relevant discounted securities: introduction
FA96/SCH13 introduced a new category of debt, called a relevant discounted security. This superseded the previous separate categories of deep discount, deep gain, qualifying indexed, and qualifying convertible securities. »Ê¹ÚÌåÓýapp legislation on these was repealed for individuals with effect from 6 April 1996. CG54210+ provides outline advice on the meaning of relevant discounted security.