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The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
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PART 2APPLICATION AND CRITERIA FOR ACCREDITATION
Criteria for accreditation
3. For the purposes of paragraph 4(2)(b) of Part 2 of Schedule 16 to the Finance Act 2002 the criteria to be satisfied for accreditation are specified in Part 2 (Application and Criteria for Accreditation) of the Material Concerning the Accreditation of Community Development Finance Institutions published by the Secretary of State.
Notification of accreditation or refusal
4. The Secretary of State must give notice to a body of the grant of an accreditation specifying the date of the grant of accreditation and the date on which the period of accreditation begins.
5. The Secretary of State must give notice to a body of a refusal to grant accreditation specifying the date of the refusal and the reasons for the refusal.
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