Part 6Venture capital trusts
Chapter 4Qualifying holdings
Excluded activities
F1307BExcluded activities: producing coal
(1)
This section supplements section 303(1)(ib).
(2)
“Coal” has the meaning given by Article 2 of Council Regulation (EC) No. 1407/2002 (state aid to coal industry).
(3)
The production of coal includes the extraction of it.