{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-273",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-273.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/273",
  "kind": "section",
  "number": "273",
  "heading": "Interpretation of Chapter",
  "text": "(1) In this Chapter “eligible shares”, in relation to a company which is a VCT, means ordinary shares in the VCT which, throughout the period of 5 years beginning on the date on which they are issued, carry—\n(a) no present or future preferential right to dividends or to a company's assets on its winding up, and\n(b) no present or future right to be redeemed.\n(2) In this Chapter references to a disposal of shares include references to a disposal of an interest or right in or over shares.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/273",
    "retrieved_at": "2026-10-29T09:13:03.599581+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."
}