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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2022 - onwards
  Version 3 of 3    

508F. Claims for relief by qualifying investors

(1) An individual who is a qualifying investor shall not claim relief in respect of a qualifying investment -

(a) under 502(2)(a) or 502(2A) until a statement of qualification, or

(b) under 502(2)(b) until a statement of qualification (second stage relief),

has been received from the company.

(2) A claim for relief under this Part shall include:

(a) the name and tax reference number of the company in which the qualifying investment was made;

(b) the date the qualifying investment was made;

(c) the amount of the qualifying investment;

(d) where section 502(2)(b) applies, the date the conditions set out in section 508B(4)(a) are satisfied.

 

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