[257FP Acquisition of trade or trading assets]
Income Tax Act 2007 (2007 c 3) | Legislation

[Miscellaneous]

[257FP  Acquisition of trade or trading assets]

[(1)     Any SEIS relief attributable to any shares in a company held by an individual is withdrawn if—

(a)     at any time in period A, the company or any qualifying subsidiary—

(i)     begins to carry on as its trade, or as part of its trade, a trade which was previously carried on at any time in that period otherwise than by the company or any qualifying subsidiary, or

(ii)     acquires the whole, or the greater

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