Sch 5 para 17
In section 247 (continuing of EIS relief where issuing company is acquired by new company), after subsection (3) insert— (3A) In section 173AB(2)(a) and in the definition of “the total relevant turnover amount” in section 175A(8), references to a company becoming a 51% subsidiary of the issuing company after the issue date do not include a company becoming such a subsidiary as a result of an exchange of shares as mentioned in subsection (1).