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Finance Act 2002

Changes over time for: Section 109

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Version Superseded: 06/04/2007

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109 Venture capital trustsU.K.

(1)Schedule 33 to this Act has effect.

(2)In that Schedule—

  • Part 1 enables regulations to make provision for cases where a venture capital trust is being wound up,

  • Part 2 enables regulations to make provision for cases where there is a merger of two or more venture capital trusts,

  • Part 3 enables regulations to make provision about the time allowed for venture capital trusts to invest money raised from issues (other than initial issues) of ordinary share capital, and

  • Part 4 contains supplementary provisions.

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