2In section 291 of the Taxes Act 1988 (individuals qualifying for relief)—
(a)in subsection (1)(b) for “seven year” substitute “designated”, and
(b)for subsection (6) (definition of “the seven year period”) substitute—
“(6)In this Chapter “the designated period”, in relation to any eligible shares issued by a company, means the period—
(a)beginning two years before the issue of the shares, and
(b)ending immediately before the termination date relating to those shares.”.