SCHEDULES

SCHEDULE 2 U.K. Transitionals and savings etc.

Part 9 U.K. Exempt income

Venture capital trust dividends: shares acquired before the tax year 2004-05 U.K.

142 U.K. In the case of dividends paid in respect of shares acquired before the tax year 2004-05, Chapter 5 of Part 6 (venture capital trust dividends) applies as if the references in section 709(4) (annual acquisition limit) to £200,000 were references to £100,000.