Part 5

Enterprise investment scheme
Chapter 2

The investor

The requirements

The no connection with the issuing company requirement
163
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).