CG50270 - Definitions: quoted and listed shares etc.: history
Before April 1996 TCGA92/S288(4) contained the definition of the terms 바카라 사이트˜quoted on a stock exchange in the United Kingdom바카라 사이트™ and 바카라 사이트˜quoted on a recognised stock exchange in the United Kingdom바카라 사이트™. They were to be taken as references to listing on the Official List of the Stock Exchange (SEDOL), see CG50255. After 26 August 1996 SEDOL no longer necessarily showed a daily quoted price for all shares and securities listed so some shares or securities may now be 바카라 사이트˜listed바카라 사이트™, but not 바카라 사이트˜quoted바카라 사이트™, on SEDOL.
In order to accommodate these changes to Stock Exchange practices, a number of provisions in TCGA and in the Tax Acts were amended by Finance Act 1996 so that they referred to a share or security being 바카라 사이트˜listed바카라 사이트™ rather than 바카라 사이트˜quoted바카라 사이트™. Further detail on these changes is given at CG50275+.
For the meaning of the term 바카라 사이트˜recognised stock exchange바카라 사이트™, see CG50250 above.