§ The Minister of State, Treasury (Mr. John Wakeham)I beg to move amendment No. 69, in page 43, line 19, at end insert—
'(2A) In subsection (7) of section 55 of the Finance Act 1981 (restrictions as to share capital for qualifying company for purposes of section 52 of that Act) for the words "at any time in the relevant period include" there shall be substituted the words "include at any time in the period of three years beginning with the date of issue of the shares in respect of which relief is claimed".'.The amendment relates to the business start-up scheme. The purpose is to change slightly the rules relating to share capital incorporated in the scheme. Certain companies are interested in using the scheme, but their share capital does not comply with the rules. If they are able and willing to adjust their share capital for the future, they will be eligible to take part, notwithstanding the fact that in the past their share capital had made them ineligible.
§ Amendment agreed to.