SCHEDULES
SCHEDULE 6Seed enterprise investment scheme
PART 3Consequential amendments
TCGA 1992
20
1
Section 150A (enterprise investment scheme) is amended as follows.
2
For “relief”, in each place it occurs (except subsections (6)(c) and (10)), substitute “
EIS relief
”
.
3
In subsection (6)—
a
omit the “and” at the end of paragraph (b) and after that paragraph insert—
ba
shares to which SEIS relief is attributable; and
b
in paragraph (c), for “relief is not” substitute “
neither EIS nor SEIS relief is
”
, and
c
after “paragraph (a), (b)” insert “
, (ba)
”
.
4
In subsection (10), for “the relief” substitute “
EIS relief
”
.
5
In subsection (10A), at the appropriate place, insert—
“EIS relief” means relief under Chapter 3 of Part 7 of the Taxes Act or Part 5 of ITA 2007;
“SEIS relief” means relief under Part 5A of ITA 2007.