# Finance (No. 2) Act 2017, Paragraph 9


(1) Section 257MM (requirement to use money raised and to trade for minimum period) is amended as follows.
(2) After subsection (3) insert—
“(3A) Employing money on the repayment of a loan does not amount to employing the money for the funded purpose.”
(3) In subsection (7)(c) after “(3),” insert “ (3A), ”.

---
Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

