http://www.legislation.gov.uk/ukpga/2007/3/section/265/enactedIncome Tax Act 2007Income TaxVisual ImpairmentCouplesKing's Printer of Acts of Parliament2021-08-04 Part 6Venture capital trustsChapter 2VCT reliefEntitlement to reliefNo entitlement to relief which would have been lost if it had already been obtained 265 An individual is not entitled to VCT relief by reference to any shares if circumstances have arisen which would have resulted in the withdrawal or reduction of the relief, if that relief had already been obtained.