6(1)Schedule 15 to the Finance Act 2000 (c. 17) (corporate venturing scheme) is amended as follows.
(2)In paragraph 71 (tax avoidance), in sub-paragraph (1)(b)(ii) for “reconstructions and amalgamations" substitute “ schemes of reconstruction ”.
(3)In paragraph 82(1) (company reconstructions and amalgamations), in the closing words for “company reconstructions and amalgamations" substitute “ share exchanges and company reconstructions ”.
(4)In paragraph 93(7) (identification of shares on a disposal: cases to which section 127 applies)—
(a)for “(whether or not by virtue of section 135(3) of that Act)" substitute “ (including a case where that section applies by virtue of any enactment relating to chargeable gains) ”; and
(b)for the words from “shall be construed" to the end substitute “ have the same meaning as in section 127 of the 1992 Act (or, as the case may be, that section as applied by virtue of the enactment concerned) ”.
(5)In paragraph 96 (meaning of “disposal")—
(a)in sub-paragraph (2)(a) for “section 136(1)" substitute “ section 136 ”;
(b)in sub-paragraph (2)(b) for “sections 135 and 136 of that Act to bona fide reconstructions and amalgamations" substitute “ section 136 of that Act to bona fide schemes of reconstruction ”.