Part 5Enterprise investment scheme
Chapter 2The investor
The requirements
163The no connection with the issuing company requirement
(1)
The investor must not be connected with the issuing company (whether before or after its incorporation) at any time during the period—
(a)
beginning two years before the issue of the shares, and
(b)
ending immediately before the termination date relating to the shares.
(2)
This is subject to section 169(1).