156Meaning of “EIS relief” and commencementU.K.
This section has no associated Explanatory Notes
(1)This Part provides for EIS income tax relief (“EIS relief”), that is, entitlement to tax reductions in respect of amounts subscribed by individuals for shares.
(2)In this Part “EIS” stands for the enterprise investment scheme.
(3)In accordance with section 1034(3), this Part has effect only in relation to shares issued on or after 6 April 2007.
This is subject to Schedule 2 (transitional provisions and savings).