The amount of value receivedU.K.
36For the purposes of this Part the amount of the value received is—
(a)in a case within paragraph 35(1)(a), the amount received by the investor;
(b)in a case within paragraph 35(1)(b), the amount of the liability;
(c)in a case within paragraph 35(1)(c)—
(i)the amount of the loan or advance, less
(ii)the amount of any repayment made before the investment is made;
(d)in a case within paragraph 35(1)(d)—
(i)the cost to the CDFI of providing the benefit or facility, less
(ii)any consideration given for it by the investor or any associate of his;
(e)in a case within paragraph 35(1)(e) or (f), the difference between the market value of the asset and the consideration (if any) received for it; and
(f)in a case within paragraph 35(1)(g), the amount of the payment.
Commencement Information
I1Sch. 16 para. 36 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3