SCHEDULES
SCHEDULE 20Corporate venturing scheme
7
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
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .