For the purpose of identifying disposals with acquisitions there is a special definition of securities. It means shares or securities of a company and other assets of a fungible nature, but does not include relevant securities1. Shares in a company include units in a unit trust2.
'Assets of a fungible nature' means assets of a nature which can be dealt in without identifying the particular assets acquired or disposed of3 and would include foreign currency, commodities and other financial
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