[257KB When investment is made, and “investment date”]
Income Tax Act 2007 (2007 c 3) | Legislation

[257KB  When investment is made, and “investment date”]

[(1)     For the purposes of this Part “the investment date” means the date on which the investment is made.

(2)     So far as the investment is in shares, for the purposes of this Part it is made when the shares are issued to the investor by the social enterprise.

(3)     If the investment, so far as it is in qualifying debt investments (see section 257L), involves making the only advance covered by the debenture or

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