Statute
Section 128 — Finance Act 2014: Spread bets
Text of the provision Official document
Spread bets 128 1 A bet is a spread bet for the purposes of this Part if it constitutes a contract the making or accepting of which is a regulated activity within the meaning of section 22 of the Financial Services and Markets Act 2000.
2 In this Part— “ financial spread bet ” means a spread bet the subject of which is a financial matter, and “ non-financial spread bet ” means any other spread bet.
3 The Commissioners may by regulations provide that a specified matter—
a is to be treated as a financial matter for the purposes of subsection (2), or b is not to be treated as a financial matter for those purposes.
Official source: legislation.gov.uk
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →