Paragraph 4
The investing company is a qualifying investing company in relation to the relevant shares if the requirements of this Part are met as to—
(a)
no material interest (see paragraph 5);
(b)
no reciprocal arrangements (see paragraph 6);
(c)
no control (see paragraph 8);
(d)
non-financial activities (see paragraph 10);
(e)
the shares being a chargeable asset (see paragraph 13); and
(f)
no tax avoidance (see paragraph 14).