Paragraph 20

(1)

Section 150A (enterprise investment scheme) is amended as follows.

(2)

For “relief”, in each place it occurs (except subsections (6)(c) and (10)), substitute “ EIS relief ”.

(3)

In subsection (6)—

(a)

omit the “and” at the end of paragraph (b) and after that paragraph insert—

“(ba)
shares to which SEIS relief is attributable; and”,

(b)

in paragraph (c), for “relief is not” substitute “ neither EIS nor SEIS relief is ”, and

(c)

after “paragraph (a), (b)” insert “ , (ba) ”.

(4)

In subsection (10), for “the relief” substitute “ EIS relief ”.

(5)

In subsection (10A), at the appropriate place, insert—

““EIS relief” means relief under Chapter 3 of Part 7 of the Taxes Act or Part 5 of ITA 2007;”, and

““SEIS relief” means relief under Part 5A of ITA 2007.”