Finance Act 2002 (c. 23)

Part 3 U.K. Income tax, corporation tax and capital gains tax

Chapter 2 U.K. Other provisions

Miscellaneous U.K.

109 Venture capital trusts U.K.

(1) Schedule 33 to this Act has effect.

(2) In that Schedule—

• Part 1 enables regulations to make provision for cases where a venture capital trust is being wound up,

• Part 2 enables regulations to make provision for cases where there is a merger of two or more venture capital trusts,

• Part 3 enables regulations to make provision about the time allowed for venture capital trusts to invest money raised from issues (other than initial issues) of ordinary share capital, and

• Part 4 contains supplementary provisions.