Related Commentary  

257K(1)  An individual (“the investor”) who invests in a social enterprise is eligible for SI relief in respect of the amount invested if–

(a)the investment is made–

(i)by the investor on the investorʼs own behalf,

(ii)on or after 6 April 2014, and

(iii)before 6 April 2021 (but see subsection (5)), and

(b)the conditions set out in Chapters 3 and 4 are met.

257K(2)  Subsection (1)(b) is subject to the provisions in sections 257LB and 257MJ to 257MN which provide for conditions set out in those sections not to apply where the social enterprise is an accredited social impact contractor.

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