SCHEDULES
F1SCHEDULE 16Community investment tax relief
F1Part 1Introduction
F11Eligibility for tax relief
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F12Meaning of “investment"
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F13Meaning of “the five year period"
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F1Part 2Accredited community development finance institutions
F1Application of Chapter 2 of Part 7 of ITA 2007
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F1Part 3Qualifying investments
F18Introduction
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F19Conditions to be satisfied in relation to loans
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F110Conditions to be satisfied in relation to securities
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F111Conditions to be satisfied in relation to shares
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F112Tax relief certificates
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F113Pre-arranged protection against risks
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F1Part 4General conditions
F114No control of CDFI by investor
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F115Beneficial ownership
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F116Investor must not be accredited
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F117No acquisition of share in partnership
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F118No tax avoidance purpose
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F1Part 5Form of relief
F119Individual investors
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F120Company investors
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F121Determination of “the invested amount"
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F122Loans: no claim after disposal or excessive repayments or receipts of value
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F123Securities or shares: no claim after disposal or excessive receipts of value
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F124Loss of accreditation by the CDFI
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F125Accreditation of the investor
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F126Attribution
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F1Part 6Withdrawal of relief
F127Manner of withdrawal of relief
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F128Disposal of loan during five year period
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F129Disposal of shares or securities during five year period
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F130Repayments of loan capital
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F131Value received treated as repayment of loan
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F132Value received by investor where the investment consists of securities or shares
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F133Meaning of “period of restriction"
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F134Aggregation of receipts of insignificant value
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F135When value is received
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F136The amount of value received
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F137Value received where there is more than one investment
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F138Effect of receipt of value on future claims for relief
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F139Receipts of value by and from connected persons
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F1Part 7Restructuring of CDFI
F140Rights issues etc
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F141Company reconstructions etc
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F1Part 8Supplementary and general
F142Information to be provided by the investor
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F143Disclosure
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F144Nominees
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F145Application for postponement of tax pending appeal
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F146Meaning of “issue of securities or shares"
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F147Identification of securities or shares on a disposal
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F148Meaning of “disposal"
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F149Construction of references to investment being “held continuously"
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F150Meaning of “associate"
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F151Minor definitions etc
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F152Index of defined expressions
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Sch. 16 repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 373, Sch. 3 Pt. 1 (with Sch. 2)