Point in time view as at 16/11/2017.
There are currently no known outstanding effects for the Finance (No. 2) Act 2017, Cross Heading: Approval: qualifying payments condition.
17(1)The qualifying payments condition is met in relation to a qualifying loan if, during the relevant period—U.K.
(a)payments have been made in respect of the repayment of the principal of the loan, and
(b)the payments have been made at intervals not exceeding 53 weeks.
(2)The “relevant period” in relation to a loan is the period beginning with the making of the loan and ending with the making of the application.
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.
