Statutory Instrument 1995 No. 1979

The Venture Capital Trust Regulations 1995

(The document as of February, 2008)

-- Back --

STATUTORY INSTRUMENTS

1995 No. 1979

INCOME TAX

The Venture Capital Trust Regulations 1995

Made	26th July 1995

Laid before the House of Commons

26th July 1995

Coming into force

16th August 1995

ARRANGEMENT OF REGULATIONS

GeneralEnduring declarationsClaimsSupplementary provisions

PART I
INTRODUCTORY
1.	Citation and commencement.
2.	Interpretation.
PART II
APPROVAL OF A COMPANY FOR PURPOSES OF SECTION 842AA
3.	Application for approval.
4.	Approval of a company.
5.	Refusal of approval of a company.
6.	Withdrawal of approval of a company.
7.	Appeals to the Special Commissioners.
8.	Breach of conditions for approval.
PART III
RELIEF FROM INCOME TAX
CHAPTER I
RELIEF IN RESPECT OF INVESTMENTS IN TRUST COMPANIES
9.	Certificate to be given to investor.
CHAPTER II
RELIEF IN RESPECT OF DISTRIBUTIONS BY TRUST COMPANIES
10.	Scheme of relief in respect of distributions.
11.	Requirement as to obtaining of enduring declaration.
12.	Enduring declaration.
13.	Return containing particulars of enduring declarations.
14.	Requirement for trust company to be satisfied that enduring declaration correct.
15.	Position where trust company ceases to be satisfied that enduring declaration correct.
16.	Introductory.
17.	Interim claims.
18.	Annual claims.
19.	Supplementary provisions.
20.	Liability for tax where provisional approval withdrawn.
21.	Issue of tax credit vouchers in certain circumstances.
PART IV
RETURN OF PARTICULARS OF INVESTMENTS, KEEPING OF RECORDS AND PROVISION OF INFORMATION
22.	Return containing particulars of investments.
23.	Records to be kept by trust company.
24.	Information to be provided to the Board.
25.	Inspection of records by officer of the Board.

-- Back --