151 Interpretation of Chapter
Income Tax Act 2007 (2007 c 3) | Legislation

151  Interpretation of Chapter

(1)     In this Chapter (subject to subsections (2) to (8))—

“bonus shares” means shares which are issued otherwise than for payment (whether in cash or otherwise),

“civil partner” refers to one of two civil partners who are living together,

“corresponding bonus shares”, in relation to any shares, means bonus shares which—

(a)     are issued in respect of those shares, and

(b)     are in the same company, are of the same class, and carry the same rights, as those shares,

“EIS relief” means—

(a)     EIS income tax relief under Part 5 of this Act, and

(b)     in relation to shares issued after 31 December 1993 and before 6 April 2007, relief under Chapter 3 of Part 7 of ICTA (enterprise investment scheme),

“excluded company” means a company which—

(a)     has a trade which consists wholly or mainly of dealing in land, in commodities or futures or in shares, securities or other financial

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