Excluded activities: producing steel
ITA07/S192(1)(ic), S196C; ITA07/S303(1)(ic), S307C
In relation to EIS or SEIS shares issued on or after 6 April 2008, steel production is an excluded activity. For the VCT scheme, it is an excluded activity in relation to a holding acquired on or after 6 April 2008 unless the holding was acquired out of funds raised by the VCT before that date.
The transport or warehousing of steel, and the manufacture of finished products from steel, are not excluded activities.