Paragraph 32
(1)
After that section there is inserted—
“ Exclusion of double relief
164MAIf a person makes a claim for relief under Chapter III of Part VII of the Taxes Act (enterprise investment scheme) in respect of any shares, those shares shall not be, or be treated as ever having been, eligible shares”.
(2)
This paragraph has effect in relation to shares issued on or after 1st January 1994.