SCHEDULES

SCHEDULE 10Venture capital trusts

Nominees

5

1

After section 330 of ITA 2007 insert—

Nominees

330ANominees

Shares subscribed for, issued to, held by or disposed of for an individual by a nominee are treated for the purposes of this Part as subscribed for, issued to, held by or disposed of by the individual.

2

In section 284 of that Act (power to make regulations as to procedure), in subsection (1)(d), after “persons” include “(including nominees)”.