Related Commentary  Related HMRC Manuals

252(1)  This section applies if the investment consists of securities or shares and–

(a)the investor receives any value (other than an amount of insignificant value) from the CDFI during the 6 year period, and

(b)the investment or a part of it is held by the investor at the time the value is received and has been held by the investor, as sole beneficial owner, continuously since the investment was made (“the continuing investment”),

but no CITR attributable to the continuing investment is withdrawn under section 247 as a result of the receipt.

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