The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003

1. Introductory Text

2. PART 1 INTRODUCTORY

   1. 1. Citation and commencement

   2. 2. Interpretation

3. PART 2 APPLICATION AND CRITERIA FOR ACCREDITATION

   1. 3. Criteria for accreditation

   2. 4. Notification of accreditation or refusal

   3. 5. The Secretary of State must give notice to a body...

4. PART 3 TERMS AND CONDITIONS OF ACCREDITATION

   1. 6. An accreditation is subject to the terms set out in...

   2. 7. Publication of details

   3. 8. General CDFI investment terms

   4. 9. Meaning of the “investment fund”

   5. 10. Meaning of “qualifying enterprise”

   6. 11. Meaning of “relevant investment”

   7. 12. Limits on qualifying investments

   8. 13. Reporting requirements

   9. 14. Tax relief certificate

5. PART 4 GENERAL PROVISIONS

   1. 15. Withdrawal of accreditation

   2. 16. Appeals against refusal to grant accreditation or withdrawal of accreditation

6. Signature

7. 1. SCHEDULE 1

      INVESTMENTS WHICH ARE NOT RELEVANT INVESTMENTS

      1. 1. General Investments

      2. 2. (1) Any loan to a profit-distributing enterprise—

      3. 3. (1) Any loan to a profit-distributing enterprise which is not...

      4. 4. (1) Any loan to or equity investment in a non-profit-distributing...

      5. 5. Any investment in an enterprise as a consequence of which,...

      6. 6. (1) Any investment in an enterprise within Case 2 of...

      7. 7. Property investments, which are not relevant investments

      8. 8. (1) Any investment which funds directly or indirectly the acquisition,...

      9. 9. Investments by retail community investment finance institutions

      10. 10. Any investment by a retail community investment finance institution in...

      11. 11. Investments by wholesale CDFIs

8. Explanatory Note