CG53420 - Securities: debts: definition of debt on a security
TCGA92/S251 (1)
TCGA92/S251 (1) refers to ... the debt on a security (as defined in Section 132). In fact TCGA92/S132 does not define the phrase 바카라 사이트˜the debt on a security바카라 사이트™. But it does define the word 바카라 사이트˜security바카라 사이트™, as including any 바카라 사이트˜loan stock or similar security whether of the 바카라 사이트 of the United Kingdom or of any other government, or of any public or local authority in the United Kingdom or elsewhere, or of any company, and whether secured or unsecured.바카라 사이트™
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This definition is of limited use because there is no statutory guidance on the meaning of loan stock or similar security. However, the final words make it clear that the debt does not have to be secured to be the debt on a security. Therefore 바카라 사이트˜debt on a security바카라 사이트™ is not the same as `secured debt.바카라 사이트™