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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2024 - onwards
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493. Interpretation (Chapter 3)

In this Chapter -

"business plan" means a written business plan which contains details of product, sales and profitability development, establishing ex-ante financial viability and which includes both quantitative and qualitative details of the activities the investment is sought to support;

"expansion risk finance investment" means the issue of eligible shares to fund a new economic activity;

"follow-on risk finance investment" means the issue of eligible shares subsequent to an initial risk finance investment or an expansion risk finance investment;

"initial risk finance investment" means the first issue of eligible shares other than an expansion risk finance investment.

Comparing proposed amendment...