SCHEDULES

SCHEDULE 11Venture capital schemes

Enterprise Investment Scheme

6

After section 196 insert—

“196AExcluded activities: shipbuilding

In section 192(1)(ia) “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.

196BExcluded activities: producing coal

(1)

This section supplements section 192(1)(ib).

(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.

196CExcluded activities: producing steel

In section 192(1)(ic) “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.”