SCHEDULES

SCHEDULE 20Corporate venturing scheme

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In paragraph 23 (the trading activities requirement)—

a

in sub-paragraph (3)(b), for “at least one group company” substitute “ the issuing company or a qualifying 90% subsidiary of the issuing company ”,

b

in sub-paragraph (5)—

i

for “a subsidiary” substitute “ a qualifying 90% subsidiary of the issuing company ”,

ii

for “or subsidiary” substitute “ or a qualifying 90% subsidiary of the issuing company ”,

c

in sub-paragraph (6), for “the company”, in the first place, substitute “ a company ”,

F1d

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