[173A The maximum amount raised annually through risk [finance investments] requirement]
Income Tax Act 2007 (2007 c 3) | Legislation

[173A  The maximum amount raised annually through risk [finance investments] requirement]

[(1)     The total amount of relevant investments made in the issuing company in the year ending with the date the relevant shares are issued [must not exceed—

(a)     if the company is a knowledge-intensive company at that date (see section 252A and subsection (5A)), £10 million, and

(b)     in any other case, £5 million].

[(2)     In subsection (1), the reference to relevant investments made in the issuing company includes—

(a)     a relevant investment made in any company that has at any time in the year mentioned there been a 51% subsidiary of the issuing company (including investments made in such a company before it became such a subsidiary but, if it is not such a subsidiary at the end of that year, not those made after it last ceased to be such a subsidiary),

(b)     any other relevant investment made in a company to the extent that the money raised by the investment has been employed for the purposes of a trade carried on by another company that has at any time in that year been a 51% subsidiary of the issuing company (but, if it is not such

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