{
  "url": "https://openlegislation.uk/finance-act-2004/schedule-20/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2004/schedule-20/paragraph-7.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "schedule/20/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "In paragraph 23 (the trading activities requirement)—\n(a) in sub-paragraph (3)(b), for “at least one group company” substitute “ the issuing company or a qualifying 90% subsidiary of the issuing company ”,\n(b) in sub-paragraph (5)—\n(i) for “a subsidiary” substitute “ a qualifying 90% subsidiary of the issuing company ”,\n(ii) for “or subsidiary” substitute “ or a qualifying 90% subsidiary of the issuing company ”,\n(c) in sub-paragraph (6), for “the company”, in the first place, substitute “ a company ”,\n(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 20 para. 7(d) repealed (19.7.2007 with effect in accordance with Sch. 16 to the amending Act) by Finance Act 2007 (c. 11), Sch. 27 Pt. 2(16)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/schedule/20/paragraph/7",
    "retrieved_at": "2026-10-29T09:17:16.113356+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."
}