SCHEDULES

SCHEDULE 20Corporate venturing scheme

8

In paragraph 24 (ceasing to meet trading requirements by reason of administration, receivership etc)—

a

in sub-paragraph (1)—

i

omit “which is in administration or receivership”,

ii

after “by reason” insert “ only ”,

b

in sub-paragraph (2)(b), after “company” insert “ concerned ”,

c

in sub-paragraph (4)—

i

in paragraph (a), for “of the company or any of its subsidiaries” substitute “ only of the company or any of its qualifying subsidiaries ”,

ii

in paragraph (b), for “and not” substitute “ and is not ”.