{
  "url": "https://openlegislation.uk/venture-capital-trust-regulations-1995/regulation-12",
  "json_url": "https://openlegislation.uk/venture-capital-trust-regulations-1995/regulation-12.json",
  "legislation": "uksi/1995/1979",
  "legislation_title": "The Venture Capital Trust Regulations 1995",
  "legislation_url": "https://openlegislation.uk/venture-capital-trust-regulations-1995",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "Enduring declaration",
  "text": "(1) An enduring declaration shall be in writing and shall be given to the trust company by an individual beneficially entitled to shares in that trust company.\n(2) The enduring declaration shall contain the particulars relating to the individual specified in paragraph (3) below, the particulars relating to the shares in the trust company specified in paragraph (4) below and the declaration by the individual specified in paragraph (5) below.\n(3) The particulars relating to the beneficial owner are—\n(a) his full name,\n(b) his permanent address including postcode,\n(c) his date of birth, and\n(d) if he has one, his national insurance number.\n(4) The particulars relating to the shares in the trust company are—\n(a) the identity of the shares acquired,\n(b) the date on which those shares were acquired,\n(c) the market value of those shares at the time of their acquisition, and\n(d) the extent to which those shares were acquired in excess of the permitted maximum for the year in which the acquisition was made.\n(5) The declaration by the individual is—\n(a) that he is beneficially entitled to the shares in the trust company, and\n(b) that to the best of his knowledge and belief the particulars given in the declaration are correct.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/1979/regulation/12",
    "retrieved_at": "2026-10-29T13:04:48.542285+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."
}