314Power to treat VCT-in-liquidation as VCTU.K.
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Nodiadau Esboniadol
(1)Regulations may make provision for tax enactments specified by the regulations to have effect as if—
(a)a VCT-in-liquidation that is not a VCT were, or were during any prescribed period of its winding up, a VCT,
(b)VCT approval withdrawn from a company—
(i)at any time during the period when it is a VCT-in-liquidation, or
(ii)at any time during a prescribed part of that period,
were withdrawn at a prescribed time (and not at the time when it is actually withdrawn).
(2)In this section “prescribed” means specified by, or determined under, regulations.