# The Venture Capital Trust Regulations 1995, Regulation 14: Requirement for trust company to be satisfied that enduring declaration correct


Relief from income tax in respect of a distribution by a trust company shall not be given except where the trust company has no reason to believe, by reference to the information in its possession, that the enduring declaration relating to the shares in the trust company in respect of which the distribution is made is or has become incorrect.

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Source: https://www.legislation.gov.uk/uksi/1995/1979/regulation/14 (the official version)
Page: https://openlegislation.uk/venture-capital-trust-regulations-1995/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.