SCHEDULES
SCHEDULE 11Venture capital schemes
Corporate Venturing Scheme
1
Part 3 of Schedule 15 to FA 2000 (CVS: the issuing company) is amended as follows.
2
In paragraph 26 (excluded activities)—
a
in sub-paragraph (1), after paragraph (h) insert—
ha
shipbuilding;
hb
producing coal;
hc
producing steel;
b
in sub-paragraph (2), after the entry relating to paragraph 30 insert—
paragraph 30A (shipbuilding);
paragraph 30B (producing coal);
paragraph 30C (producing steel);
3
After paragraph 30 insert—
Excluded activities: shipbuilding
30A
In paragraph 26(1)(ha) “shipbuilding” has the same meaning as in the Framework on state aid to shipbuilding (2003/C 317/06), published in the Official Journal on 30 December 2003.
Excluded activities: producing coal
30B
1
This paragraph supplements paragraph 26(1)(hb).
2
“Coal” has the meaning given by Article 2 of Council Regulation (EC) No. 1407/2002 (state aid to coal industry).
3
The production of coal includes the extraction of it.
Excluded activities: producing steel
30C
In paragraph 26(1)(hc) “steel” means any of the steel products listed in Annex 1 to the Guidelines on national regional aid (2006/C 54/08), published in the Official Journal on 4 March 2006.