This is the original version (as it was originally enacted).
For the purposes of this Part the investment is a “qualifying investment” in the CDFI if—
(a)the investment consists of—
(i)a loan in relation to which the conditions of section 345 are met,
(ii)securities in relation to which the conditions of section 346 are met, or
(iii)shares in relation to which the conditions of section 347 are met,
(b)the investor receives from the CDFI a valid tax relief certificate in relation to the investment (see section 348), and
(c)the requirements of section 349 (no pre-arranged protection against risks) are met.
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
