Amendment of the Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 20034
In Schedule 1 to the Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 20033 (investments which are not relevant investments)—
a
in paragraph 2, for “£100,000” in each place it occurs, substitute “£250,000”
;
b
in paragraph 3, for “(as published at http://europa.eu.int/comm/competition/state_aid/others/reference_rates.html)”, substitute “(the base rate for the United Kingdom as published at https://competition-policy.ec.europa.eu/state-aid/legislation/reference-discount-rates-and-recovery-interest-rates/reference-and-discount-rates_en)”
;
c
in paragraph 4, for “£250,000” in each place it occurs, substitute “£375,000”
.