Part 7Community investment tax relief
Chapter 1Introduction
CITR
219Eligibility for CITR
1
A company (“the investor”) which makes an investment (“the investment”) in a body is eligible for CITR in respect of the investment if—
a
at the time the investment is made the body is accredited as a community development finance institution under Chapter 2 of Part 7 of ITA 2007,
b
the investment is a qualifying investment (see Chapter 2 of this Part), and
c
the general conditions of Chapter 3 of this Part are met.
2
In this Part references to “the CDFI” are to the body in which the investment is made.