Part 5Enterprise investment scheme
Chapter 4The issuing company
Excluded activities
198BExcluded activities: subsidised generation of heat and subsidised production of gas or fuel
1
This section supplements section 192(1)(kb).
2
The generation of heat, or production of gas or fuel, is “subsidised” if a payment is made, or another incentive is given, under—
a
a scheme established by regulations under section 100 of the Energy Act 2008 or section 113 of the Energy Act 2011 (renewable heat incentives), or
b
a similar scheme established in a territory outside the United Kingdom,
in respect of the heat generated, or gas or fuel produced.
F23
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F24
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F15
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F36
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