keep The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2017
This Order specifies seven UK government Treasury securities (including conventional and index-linked gilts with maturities ranging from 2022 to 2065) as 'gilt-edged securities' for the purposes of the Taxation of Chargeable Gains Act 1992, determining their eligibility for favorable capital gains tax treatment.
This Order merely designates which securities qualify for an existing statutory category—it imposes no regulatory burden on individuals or businesses. The underlying policy question (whether gilt-edged securities should receive capital gains tax exemption) is a matter for Parliament's substantive tax legislation, not for deleting an administrative definition. Removing this Order would create legal uncertainty without reducing any regulatory cost or constraint on economic activity.