Related Commentary  

335(1)  If the investor is eligible for CITR in respect of the investment, the investor may make a claim in respect of the investment for any one or more of the relevant tax years.

335(2)  If the investor makes a claim for a relevant tax year, the investor is entitled to a tax reduction for that year of 5% of the invested amount in respect of the investment for the year.

335(3)  For the purposes of this section and section 335A the “relevant” tax years are–

(a)the tax year in which the investment date falls, and

(b)each of the 4 subsequent tax years.

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