SCHEDULES

F1SCHEDULE 33Venture capital trusts

Section 109

Annotations:
Amendments (Textual)

F1Part 1Venture capital trusts: winding up

F11Meaning of “VCT-in-liquidation"

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F12Power to treat VCT-in-liquidation as VCT

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F13Power to treat conditions for VCT approval as fulfilled with respect to VCT-in-liquidation

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F14Power to make provision about distributions by VCT-in-liquidation

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F15Power to facilitate disposals to VCT by VCT-in-liquidation

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F16Provision in respect of periods before and after winding-up

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F17Part 1: supplementary provisions and interpretation

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F1Part 2Venture capital trusts: mergers

F18Power to facilitate mergers of VCTs

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F19Provision that may be made by regulations under paragraph 8(1)

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F110Meaning of “merger" and “successor company"

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F1Part 3Time allowed for VCT to invest money raised by further share issue

F111Power to disapply, or limit operation of, section 842AA(5B) of the Taxes Act 1988

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F112Withdrawal of VCT approval in cases for which provision made under paragraph 11

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F113Consequential amendment in section 842AA(5A) of the Taxes Act 1988

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F1Part 4Supplementary

F114Extension of existing powers to give effect to VCT reliefs

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F115Penalties for non-compliance with regulations under this Schedule

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F116Regulations under this Schedule: inclusion of supplementary etc provisions

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F117Interpretation of Schedule

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