Statute
Section 273 — Income Tax Act 2007: Interpretation of Chapter
Text of the provision Official document
Interpretation of Chapter 273 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—
a no present or future preferential right to dividends or to a company's assets on its winding up, and b no present or future right to be redeemed.
2 In this Chapter references to a disposal of shares include references to a disposal of an interest or right in or over shares.
Official source: legislation.gov.uk
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