Section 257DK No previous other risk capital scheme investmentsF1

no EIS investment or VCT investment is or has been made in the issuing company on or before the day on which the relevant shares are issued, and

no EIS investment or VCT investment has been made on or before that day in a company which at the time the relevant shares are issued is a qualifying subsidiary of the issuing company.

issues shares (money having been subscribed for them), and

(at any time) provides a compliance statement under section 205 in respect of the shares;