SCHEDULES

SCHEDULE 1Abolition of starting and savings rates and creation of starting rate for savings

Part 1Amendments of ITA 2007

18

In section 224(2) (withdrawal or reduction of EIS relief: repayments etc of share capital to other persons)—

a

in the formula, for “S” substitute “EISR”, and

b

for the definition of “S” substitute “EISR is the EIS rate.”