
1 
This Order may be cited as the Business Expansion Scheme (Substitution of Permitted Maximum Amount) Order 1990 and shall come into force on 1st May 1990.
2 
Article 3 of this Order amends section 290A of the Income and Corporation Taxes Act 1988 by substituting different amounts for the amounts specified in subsections (1) and (4) of that section.
3 
In section 290A of the Income and Corporation Taxes Act 1988—
(a) in subsection (1)(b) for “£500,000” there shall be substituted “£750,000”; and
(b) in subsection (4)(b) for “£500,000” there shall be substituted “£750,000”, in both places.
John Taylor
David Lightbown
Two of the Lords Commissioners of Her Majesty’s Treasury
4th April 1990