General InvestmentsU.K.
6.—(1) Any investment in an enterprise within Case 2 of regulation 10 as a consequence of which, and for so long as—
(a)the total amount invested out of the investment fund by the CDFI in enterprises in Case 2 exceeds the amount invested in enterprises within Cases 1 and 3; or
(b)the number of investments out of the investment fund by the CDFI in enterprises in Case 2 exceeds the number of investments in enterprises within Cases 1 and 3.
(2) For the purposes of paragraph (1) an investment in an enterprise which is within both Case 2 and Case 3 shall be treated as being only within Case 3.
Commencement Information
I1Sch. 1 para. 6 in force at 13.2.2003, see reg. 1