OpenLegislation

The requirements The requirementsF1

  1. 257DAThe trading requirement
  2. 257DBCeasing to meet trading requirement: administration etc
  3. 257DCThe issuing company to carry on the qualifying business activity
  4. 257DDThe UK permanent establishment requirement
  5. 257DEThe financial health requirement
  6. 257DFThe unquoted status requirement
  7. 257DGThe control and independence requirement
  8. 257DHThe no partnerships requirement
  9. 257DIThe gross assets requirement
  10. 257DJThe number of employees requirement
  11. 257DKNo previous other risk capital scheme investments
  12. 257DLThe amount raised through the SEIS
  13. 257DMThe qualifying subsidiaries requirement
  14. 257DNThe property managing subsidiaries requirement

Annotations

Textual amendments

F1

Pt. 5A inserted (17.7.2012) (with effect in accordance with Sch. 6 para. 24(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 6 para. 1

Notes on Part 5A

Modifications

C1

Pt. 5A applied by Taxation of Chargeable Gains Act 1992 (c. 12), Sch. 5BB para. 8(4) (as inserted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 6 para. 5)