§ 2. Any share issued by the Post Office company or any of its wholly owned subsidiaries in pursuance of section 62 shall be treated for the purposes of the Corporation Tax Acts as if it had been issued wholly in consideration of a subscription paid to the company concerned of an amount equal to the nominal value of the share.
§ 3. Any security (other than a share) issued by the Post Office company or any of its wholly owned subsidiaries in pursuance of section 62 or 73 shall be treated for the purposes of the Corporation Tax Acts as if it had been issued wholly in consideration of a loan made to the company concerned of an amount equal to the principal sum payable under the security.