Part 6

Venture capital trusts
Chapter 4

Qualifying holdings

Excluded activities

Excluded activities: producing steel
307C
In section 303(1)(ic) “
steel
” means any of the steel products listed in Annex 1 to the Guidelines on national regional aid (2006/C 54/08), published in the Official Journal on 4 March 2006.
Ss. 307A-307C inserted (retrospective to 6.4.2008) by Finance Act 2008 (c. 9), Sch. 11 paras. 9, 10 (with Sch. 11 paras. 12, 13)