600E Qualifying investment (company perspective)

Summary

Section 600E sets out what constitutes a qualifying investment from the perspective of the company. This section sets out certain conditions that must be satisfied by the company raising the investment.

Details

Section 600E sets out what constitutes a qualifying investment from the perspective of the company.

(1)The investment must be based on a business plan.

(2)The investment cannot be an expansion risk finance investment or a follow-on risk finance investment.

(3)An investment will not be a qualifying investment absent a copy of the certificates of qualification held by the qualifying investor, or the qualifying partnership, as provided by the company.

Relevant Date: Finance Act 2024