Commentary on Sections Overview Overview Section 400: Index-linked gilt-edged securities: adjustments for changes in index
1216.This section applies to remove a profit or loss arising on an index-linked gilt-edged security by adjusting the value of the security in the accounts by the change in the retail prices index. It is based on section 94(2) to (6) of FA 1996. The section also provides for Treasury powers to amend the adjustments required under this section.