VCM60330 - VCT scheme: general: applications for approval: declarations

SI1995/1979 Regulation 3(3) & (4)

Applications for full or provisional approval must contain a declaration that to the best of the company’s knowledge and belief:

• where the application is for full approval:
• • the conditions for approval (see VCM60110) were met in relation to the last complete accounting period of the company;
  • the conditions will be met in relation to the current accounting period; and
  • the particulars given are true and correct.

• where the application is for provisional approval:
• • the conditions for full approval will be met within the periods described in VCM60120; and
  • the particulars given are true and correct.