Paragraph 5

In the case of a transaction falling within paragraph 2 above the conditions referred to above are as follows but subject to paragraph 6 below.

The consideration for a transaction in respect of an investment falling within F1paragraph (2)(a), (c) or (e) above must be not less than £100,000.

The consideration payable on subscription in the case of an investment falling within paragraph 2(2)(d) must not be less than £500,000.

The value or price of the property in respect of which an option within paragraph 2(2)(f) above is granted must not be less than £500,000.

The price payable under a contract within paragraph 2(2)(g) above must be not less than £500,000.

The value or price the fluctuation in which, or the amount the fluctuation in the interest on which, is relevant for the purposes of a contract within paragraph 2(2)(h) above must not be less than £500,000.

In the case of an option falling within paragraph 2(2)(i) above the condition in sub-paragraph (4), (5) or (6) above, as the case may be, must be satisfied in respect of the investment to which the option relates.