{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-314",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-314.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/314",
  "kind": "section",
  "number": "314",
  "heading": "Power to treat VCT-in-liquidation as VCT",
  "text": "(1) Regulations may make provision for tax enactments specified by the regulations to have effect as if—\n(a) a VCT-in-liquidation that is not a VCT were, or were during any prescribed period of its winding up, a VCT,\n(b) VCT approval withdrawn from a company—\n(i) at any time during the period when it is a VCT-in-liquidation, or\n(ii) at any time during a prescribed part of that period,\nwere withdrawn at a prescribed time (and not at the time when it is actually withdrawn).\n(2) In this section “prescribed” means specified by, or determined under, regulations.",
  "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/314",
    "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."
}