Schedule 16 - Venture capital
Finance Bill
4:30 pm
Miss Melanie Johnson (Economic Secretary, HM Treasury; Welwyn Hatfield, Labour)
I am grateful to the hon. Gentleman for his remarks. He says that it is just a small amendment, but it is a helpful one and we understand why it has been tabled. There are similar changes in schedules 15 and 16 to the EIS and CVS schemes, both of which use the phrase ``at least 80 per cent.'' While the existing drafting probably still allows the meaning to be construed as at least 80 per cent., it would be helpful to include the words ``at least''. It would therefore be instructive to avoid the possibility of confusion by having the same language used in regard to all the schemes.