SCHEDULE 2Consequential Amendments and Supplemental Provisions – Secondary Legislation
Venture Capital Trust Regulations 1995I127
1
Regulation 7 (appeals to the Special Commissioners) is amended as follows.
2
In the heading for “Special Commissioners” substitute “tribunal”.
3
In paragraph (1) omit “to the Special Commissioners”.
4
In paragraph (3)—
a
for “Special Commissioners shall on appeal” substitute “tribunal shall, on an appeal notified to it,”; and
b
omit “they are”.
5
In paragraph (4) for “Special Commissioners” substitute “tribunal”.
6
In paragraph (5)—
a
for “Special Commissioners allow” substitute “tribunal allows”; and
b
for “they” substitute “the tribunal”.