Part 5

Enterprise investment scheme
Chapter 2

The investor

Meaning of connection with issuing company

Connection with issuing company
166
1
For the purposes of this Chapter (except section 168(4)), an individual is connected with the issuing company if the individual or an associate of the individual is connected with that company under—
a
section 167 (employees, directors and partners),
b
section 170 (persons interested in capital etc of company), or
c
section 171 (persons subscribing for shares under certain arrangements).
1A
But see section 252A(12) for provision which disapplies section 168.
2
See too section 257(2).
S. 166(1A) inserted (with effect in accordance with Sch. 5 para. 23 of the amending Act) by Finance (No. 2) Act 2015 (c. 33), Sch. 5 para. 5