SCHEDULES

SCHEDULE 6Seed enterprise investment scheme

PART 3Consequential amendments

14ITA 2007

1

Section 246 (identification of shares on a disposal) is amended as follows.

2

In subsection (3)—

a

in paragraph (a) for “neither EIS relief nor deferral relief” substitute “no EIS relief, deferral relief or SEIS relief”, and

b

after that paragraph insert—

aa

next any to which SEIS relief is attributable,

3

In subsection (7), at the end insert—

  • “SEIS relief” means relief under Part 5A (seed enterprise investment scheme).