Finance Act 2000 (c. 17)

SCHEDULES

SCHEDULE 15 U.K. The corporate venturing scheme

Part IV U.K. General requirements

Requirement as to no tax avoidance U.K.

38 U.K. The relevant shares must be issued for commercial reasons, and not as part of a scheme or arrangement the main purpose or one of the main purposes of which is the avoidance of tax.