SCHEDULES

SCHEDULE 17 U.K. Enterprise investment scheme: amendments

Part I U.K. Reduction of applicable periods

Meaning of “eligible shares" U.K.

1 U.K.In section 289 of the Taxes Act 1988 (eligibility for relief), in subsection (7) (definition of “eligible shares”) for the words “the period of five years beginning with the date on which they are issued," substitute “the period—

(a) beginning with the issue of the shares, and

(b) ending immediately before the termination date relating to those shares,”.