http://www.legislation.gov.uk/uksi/2003/96/schedule/1/paragraph/9
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
Income tax
Small businesses
Community development
Tax
Business finance
INCOME TAX
2024-05-20
Statute Law Database
2003-02-13
Schedules 16 and 17 of the Finance Act 2002 provide for tax relief for investments made by individuals and companies in bodies which are accredited as community development finance institutions (“CDFIs”). The relief is called community investment tax relief. CDFIs are bodies which invest in enterprises for disadvantaged communities. These Regulations make provision for the accreditation of such bodies.
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 8(1)(a)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 6(a)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 8(1)(b)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 6(b)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 8(1)(c)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 6(b)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 8(1)(d)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 6(b)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 12A
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 7
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 15A(1)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 9
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 15B(1)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 10
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
Sch. 1
para. 9(a)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 11(3)(a)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
Sch. 1
para. 9(b)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2013
reg. 11(3)(b)
reg. 2
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 15A-15E
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2008
reg. 8
reg. 1
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 10(2)-(4)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2008
reg. 9
reg. 1
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
Sch. 1
para. 3A
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) (Amendment) Regulations 2008
reg. 10
reg. 1
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 12A(2)
The Secretaries of State for Energy Security and Net Zero, for Science, Innovation and Technology, for Business and Trade, and for Culture, Media and Sport and the Transfer of Functions (National Security and Investment Act 2021 etc) Order 2023
Sch.
para. 37(2)(b)
art. 17
art. 1(2)
The Community Investment Tax Relief (Accreditation of Community Development Finance Institutions) Regulations 2003
reg. 12A(2)
The Secretaries of State for Business, Energy and Industrial Strategy, for International Trade and for Exiting the European Union and the Transfer of Functions (Education and Skills) Order 2016
Sch.
para. 27(b)
art. 13
art. 1(2)
SCHEDULE 1INVESTMENTS WHICH ARE NOT RELEVANT INVESTMENTS
Investments by retail community investment finance institutionsI19
Where the CDFI has been accredited as a retail community investment finance institution, any investment in another CDFI or in any other body whose objective is to provide finance for enterprises in or for disadvantaged communities where, as a consequence of that investment, and for so long as, for more than three months the total amount invested in such bodies exceeds 10% of the amount of the investment fund at—
a
for the first year following accreditation, the date the investment is made by the CDFI, and
b
thereafter, the immediately preceding anniversary of the accreditation date.