1. Where the ELTIF is an investment company it shall have sufficient financial resources at its disposal to enable it to conduct its business effectively and meet its liabilities.

2. Where the ELTIF is an investment company which does not employ the services of a management company or an authorised AIFM it must:

(a) have a minimum paid up share capital equivalent to €125,000 within 3 months of authorisation; and

(b) satisfy the Central Bank on a continuing basis that it has sufficient management resources to effectively conduct its business and otherwise comply with the provisions of Section ii of Chapter 4 - AIF Management Company Requirements.