{
  "url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI/paragraph-2n3",
  "json_url": "https://openlegislation.uk/finance-act-1997/schedule-18/part-VI/paragraph-2n3.json",
  "legislation": "ukpga/1997/16",
  "legislation_title": "Finance Act 1997",
  "legislation_url": "https://openlegislation.uk/finance-act-1997",
  "path": "schedule/18/part/VI/paragraph/2n3",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "The repeal in section 231(1) of the Taxes Act 1988 has effect in accordance with paragraph 8(3) of that Schedule.\n(8) Enterprise investment scheme\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn section 308—\n(a) paragraph (b) of subsection (1), and the word “and” immediately preceding that paragraph; and\n(b) paragraphs (a) and (b) of subsection (5).\nThese repeals have effect in accordance with paragraph 1 of Schedule 8 to this Act.\n(9) Venture capital trusts\nChapter\nShort title\nExtent of repeal\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nIn Schedule 28B, paragraph 10(2).\nThis repeal has effect in accordance with paragraph 6 of Schedule 9 to this Act.\n(10) Stock lending and manufactured payments\nChapter\nShort title\nExtent of repeal\n1970 c. 9.\nThe Taxes Management Act 1970.\nIn section 98, in the first column of the Table, the entry relating to section 737(8) of the Taxes Act 1988.\n1986 c. 41.\nThe Finance Act 1986.\nIn Schedule 18, paragraphs 7 and 9.\n1988 c. 1.\nThe Income and Corporation Taxes Act 1988.\nSections 129 and 129A.\nIn section 387(3), paragraph (f) and the word “or” immediately preceding it.\nIn section 715(6) the words “section 737 or”.\nSection 727(1).\nSection 737.\nIn section 737A(5), the words “section 737 and”.\nIn section 737C—\n(a) in subsection (2)(b), the words “section 737 and paragraph 2 of Schedule 23A apply, or”;\n(b) subsections (5) and (6);\n(c) in subsection (7)(b), the words “(whether or not section 737 also applies in relation to that payment)”;\n(d) in subsection (9), the words “subsections (6) and (8) above apply, or where”; and\n(e) subsection (11B).\nSection 738(3) and (4).\nSchedule 5A.\nIn Schedule 23A—\n(a) in paragraph 1(1), the definitions of “approved stock lending arrangement”, “market maker”, “recognised clearing house”, “recognised investment exchange”, “unapproved manufactured payment” and “unapproved stock lending arrangement”;\n(b) paragraph 1(2);\n(c) paragraph 5;\n(d) paragraph 6;\n(e) in paragraph 7(1), the words “Except where paragraph 5(2) or (4) above applies,”;\n(f) paragraph 7(2); and\n(g) in paragraph 7(3), in paragraph (a), the words “except where paragraph 6 above applies, and”, and paragraph (b).\n1991 c. 31.\nThe Finance Act 1991.\nSection 57.\nIn Schedule 13, paragraphs 2 to 4.\n1992 c. 12.\nThe Taxation of Chargeable Gains Act 1992.\nSection 271(9).\nIn Schedule 10, paragraph 14(8), (39) and (61).\n1993 c. 34.\nThe Finance Act 1993.\nSection 174(4) and (5).\nSection 182(1)(ca)(i). In Schedule 6, paragraphs 19 and 25(3) and (4).\n1994 c. 9.\nThe Finance Act 1994.\nSection 123(2) to (5) and (7).\nSection 222(4) and (5).\nSection 229(ca)(i).\nIn Schedule 16, paragraphs 18 and 19.\n1995 c. 4.\nThe Finance Act 1995.\nSection 82.\nSections 84 and 85.\nSchedule 19.\n1996 c. 8.\nThe Finance Act 1996.\nIn section 97—\n(a) in subsection (4), the words “section 737 of, or”; and\n(b) subsection (5).\nIn section 159—\n(a) subsections (2) and (3); and\n(b) in subsection (7), paragraph (b) and the word “and” immediately preceding it.\nIn Schedule 6, paragraphs 18 and 19.\nIn Schedule 14, paragraphs 38 and 52(2), (3), (5) and (6).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/16/schedule/18/part/VI/paragraph/2n3",
    "retrieved_at": "2026-10-29T09:27:43.076653+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}