# The Finance Act 2015 (Paragraphs 10 to 12 of Schedule 6) Regulations 2015

S.I. 2015/1836 · made 27 October 2015

The Regulations provide for 30th November 2015 as the date that paragraphs 10 to 12 of Schedule 6 to the Finance Act 2015 (c. 11) have effect.

Made under: Finance Act 2015 (Schedule 6 paragraph 14)

PDFs: Printed copy https://openlegislation.uk/finance-act-2015-paragraphs-10-to-12-of-schedule-6-regulations-2015/pdf/uksi_20151836_en.pdf

## Introductory text

Income Tax
Made 27th October 2015
Coming into force 30th November 2015
The Treasury, in exercise of the power conferred by paragraph 14 of Schedule 6 to the Finance Act 2015, make the following Regulations:

## 1 Citation

These Regulations may be cited as the Finance Act 2015 (Paragraphs 10 to 12 of Schedule 6) Regulations 2015 and come into force on 30th November 2015.

## 2 Paragraphs 10 to 12 of Schedule 6

In respect of Schedule 6 to the Finance Act 2015—
(a) paragraph 10 has effect in relation to shares issued on or after 30th November 2015;
(b) paragraph 11 has effect in relation to relevant holdings issued on or after 30th November 2015; and
(c) paragraph 12 has effect on 30th November 2015.

## Signature

George Hollingbery
Mel Stride
Two of the Lords Commissioner of Her Majesty’s Treasury
27th October 2015

## Explanatory note

(This note is not part of the Regulations)
The Regulations provide for 30th November 2015 as the date that paragraphs 10 to 12 of Schedule 6 to the Finance Act 2015 (c. 11) have effect.
Paragraph 10 amends sections 198A and 198B of the Income Tax Act 2007 (c. 3) (“ITA”) such that various categories of entity cease to be entitled to income tax relief under the Enterprise Investment Scheme and the Seed Enterprise Investment Scheme in respect of certain energy generation activities.
Paragraph 11 amends sections 309A and 309B of ITA such that various categories of entity cease to be entitled to income tax relief under the Venture Capital Trusts scheme in respect of certain energy generation activities.
Paragraph 12 makes various consequential amendments.
A Tax Information and Impact Note has not been prepared for this instrument as it gives effect to previously announced policy.

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Source: https://www.legislation.gov.uk/uksi/2015/1836 (the official version)
Page: https://openlegislation.uk/finance-act-2015-paragraphs-10-to-12-of-schedule-6-regulations-2015
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.