SCHEDULES

SCHEDULE 6Investment reliefs: excluded activities

PART 3Part 6 of ITA 2007: excluded activities from 6 April 2015

Introductory

6

The following provisions of Part 6 of ITA 2007 (venture capital trusts) are amended as set out in paragraphs 7 and 8—

a

section 309A (excluded activities for purposes of Part 6: subsidised generation or export of electricity), and

b

section 309B (excluded activities for those purposes: subsidised generation of heat and subsidised production of gas or fuel).