Part 6Venture capital trusts
Chapter 2VCT relief
Supplementary
272Regulations as to procedure etc
1
This section applies to VCT relief and relief for which the following provide—
a
section 151A of TCGA 1992 (VCTs: reliefs),
b
Schedule 5C to TCGA 1992 (VCTs: deferred charge on re-investment),
c
Chapter 5 of Part 6 of ITTOIA 2005 (VCT dividends), and
d
regulations under Chapter 5 of this Part.
2
The Treasury may by regulations make such provision as they consider appropriate for—
a
giving effect to relief to which this section applies, and
b
preventing such relief from being given unless a claim is made in accordance with the regulations and such other requirements as may be imposed by the regulations have been met.
3
Regulations under this section may make provision as to the manner in which, and the persons by whom, relief to which this section applies is to be claimed.