Part 7

Community investment tax relief
Chapter 4

General conditions

No tax avoidance purpose
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The investment must not be made as part of a scheme or arrangement the main purpose or one of the main purposes of which is the avoidance of tax.
Pt. 7 modified by 2005 c. 7, s. 54A (as inserted (10.7.2008) by The Alternative Finance Arrangements (Community Investment Tax Relief) Order 2008 (S.I. 2008/1821), arts. 1, 2)