Downing Planned Exit VCT 2 - G Shares - The Tax Shelter Report

1
2
3
4
5
6
7
NotesonApplicationForm
BeforemakinganapplicationtoacquireGSharesyouarestronglyrecommendedtoconsultanappropriatefinancialadviserauthorisedunderthe
FinancialServicesandMarketsAct2000.ItisessentialthatyoucompleteallpartsoftheApplicationForminaccordancewiththeinstructionsin
thesenotes.PleasesendthecompletedApplicationForm,togetherwithyourchequeorbankers'draft,bypost,ordeliveritbyhand,toDowning
LLP,10LowerGrosvenorPlace,LondonSW1W0EN.IfyouhaveanyquestionsonhowtocompletetheApplicationFormpleasecontactDowningLLP
on02074167780oryourfinancialadviser.
ThefollowingnotesshouldbereadinconjunctionwiththeApplicationFormandtheTermsandConditionsofApplication.
InsertinBox1inBLOCKCAPITALSyourfullname,permanentaddress,daytimetelephonenumber,dateofbirth,NationalInsurancenumberand,if
youhaveone,youremailaddress.Jointapplicationsarenotpermitted.
Insert(infigures)inBoxAthetotalamountyouwishtoinvestundertheOffersinrespectofthe2012/13taxyear(statenilifappropriate).Insert(in
figures)inBoxBtheamountyouwishtoinvestundertheOffersinrespectofthe2013/14taxyear(statenilappropriate).Insert(infigures)thetotal
of Boxes A and B in Box C. This is the total amount you are subscribing under the Offers. Share subscriptions will be adjusted to reflect any
commissionwaived(byagents)asextraGShares.
Pleasenotethattheminimuminvestmentis£5,000(orsuchloweramountattheBoard'sdiscretion).Themaximuminvestment,onwhichtax
reliefsoninvestmentsinVCTsareavailable,is£200,000ineachofthe2012/13and2013/14taxyears.
Attachyourchequeorbankers'drafttotheApplicationFormfortheexactamountshowninBoxC.Yourchequeorbankers'draftmustbemade
payableto"DowningPlannedExitVCT2plc".Yourpaymentmustrelatesolelytothisapplication.
MoneyLaunderingRegulations2007–Importantnoteforapplicationsof£12,000ormore
Ifthevalueofthesharesappliedforis£12,000ormore(orisoneofaseriesoflinkedapplications,thevalueofwhichexceedsthatamount)
paymentshouldbemadebymeansofachequedrawnonanaccountinthenameoftheApplicant.Ifthisisnotpracticableandyouusea
chequedrawnbyathirdpartyorabuildingsocietychequeorbankers'draft,youshouldwritethename,addressanddateofbirthofthe
Applicantonthebackofthechequeorbankers'draftand:
(a) ifabuildingsocietychequeorbankers'draftisused,thebuildingsocietyorbankmustalsoendorseonthechequeordraftthename
andaccountnumberofthepersonwhoseaccountisbeingdebited;or
(b) ifachequeisdrawnbyathirdparty,youmustensurethatoneitemfromeachofListAandListB(seebelow)isenclosedwiththeform.
Alternatively,verificationoftheApplicant'sidentitymaybeprovidedbymeansofa"LetterofIntroduction"intheprescribedformfromaUK
orEuropeanEconomicAreafinancialinstitution(suchasabankorstockbroker)orotherregulatedperson(suchasasolicitor,accountantor
appropriatefinancialadviser)whoisrequiredtocomplywiththeMLRegulations.Therelevantfinancialinstitutionorregulatedpersonwill
befamiliarwiththerequirementsandtherelevantform.
ListA(VerificationofIdentity)
Currentsignedpassport
CurrentUKDrivingLicence
HMRevenueandCustomsTaxNotification
FirearmsCertificate
Forapplicationsof£12,000ormoreandsubscriptionbywayofachequedrawnbyathirdparty
(oneitemfromListAANDoneitemfromListB)
ListB(VerificationofAddress)
Recent*utilitybill(butnotamobiletelephonebill)
Recent*localauthoritytaxbill
Recent*bankorbuildingsocietystatement
Recent*mortgagestatementfromarecognisedlender
Pleasesendoriginal(notpassportordriving licence) or certified copies ofthedocuments.CertifiedasatruecopyoftheoriginalbyaUKlawyer,
banker, authorised financial intermediary (e.g. financial adviser or an FSA authorised mortgage broker), accountant, teacher, doctor, minister of
religion,postmasterorsubpostmaster.Thepersoncertifyingthedocumentshouldstatethatthecopyisatruecopyoftheoriginal,printtheirname,
address,telephonenumberandprofessionandsignanddatethecopy.*"Recent"meansdatedwithinthelastthreemonths.
Nomoneylaunderingverificationisrequiredtobeenclosediftheapplicationisforlessthan£12,000orifpaymentisbymeansofacheque
drawnonanaccountinthenameoftheApplicant(providedthat(a)thechequeincludesdetailsoftheApplicant'sbankaccountorbuildingsociety
account(asapplicable)and(b)thechequeisdrawnonaUKorEuropeanUnionauthorisedbankorcreditinstitution).Pleasenote,however,that
Downing may, in its absolute discretion, require Money Laundering verification and that Money Laundering verification will be required by
introducingfinancialadvisers.
IfyouhaveagreedanupfrontAdviserChargeforpersonaladviceprovidedinrespectofthisinvestmentandwouldliketheCompanytofacilitatethe
paymentofsuchfee,pleasesetouttheamount,eitherasapercentageoftheamountinvested(e.g.“3%”)oranamountinpounds(e.g.“£500”)in
Box3.Pleasenote,theCompanydoesnotfacilitateongoingAdviserCharges.TheAdviserChargeisinclusiveofVAT,ifapplicable.
Read the declaration and sign and date the Application Form in Box 4. If someone other than the Applicant named in Box 1 signs on such
Applicant'sbehalf,suchsignatorymustensurethatthedeclarationgivenonbehalfofsuchApplicantiscorrect.
Ifyouwishtohavedividendspaidintoyournominatedbankorbuildingsocietyaccount,pleasecompletethemandateinstructionform.
Leaveblankifyouwishtoreceiveasharecertificateinrespectofyourinvestment.IfyourequireyoursharestobeissuedelectronicallytoaCREST
account,pleasecompletetheboxes.
TobecompletedbyIntermediariesonly.Intermediarieswhoareentitledtoreceivecommissionshouldstampandcompletetheagent'sbox,giving
theirfullnameandaddress,telephonenumberanddetailsoftheirauthorisationundertheFinancialServicesandMarketsAct2000.Therightis
reservedtowithholdpaymentofcommissioniftheCompanyisnot,atitssolediscretion,satisfiedthattheagentissoauthorised,orthatpaymentof
suchcommissionisormaybeinbreachofanyapplicablerulesorregulations.InorderforcommissionorAdviserChargetobepaidbyBACS,please
completetherelevantboxes.
Investors and their Intermediaries should provide an email address if they require the receipt of the Application Form to be
acknowledged.