SCHEDULES

SCHEDULE 33Venture capital trusts

Part 4Supplementary

Interpretation of Schedule

17

In this Schedule—

“company” includes any body corporate or unincorporated association but does not include a partnership, and shall be construed in accordance with section 99 of the Taxation of Chargeable Gains Act 1992 (c. 12) (application of Act to unit trust schemes);

“regulations” means regulations made by the Treasury;

“shares” includes stock;

(a)

the Tax Acts,

(b)

the Taxation of Chargeable Gains Act 1992 or any other enactment relating to capital gains tax, or

(c)

the Taxes Management Act 1970 (c. 9);

“venture capital trust” has the meaning given by section 842AA of the Taxes Act 1988.