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SCHEDULES

SCHEDULE 6U.K.Venture capital trusts

Acquisitions for restructuring purposesU.K.

16(1)Section 326 (restructuring to which section 327 applies) is amended as follows.U.K.

(2)In subsection (1), for “Section 327 applies” substitute “ Sections 326A and 327 apply ”.

(3)In subsection (4) for the words from the beginning to “as being met” substitute “ Nothing in section 326A treats any of the requirements of Chapter 3 as being met, and nothing in section 327 treats any of the requirement of Chapter 4 as being met ”.

(4)In subsection (5), before “327” insert “ 326A does not treat any requirement of Chapter 3 as being met and section ”.