[257LG The requirement not to be interested in capital etc of social enterprise]
Income Tax Act 2007 (2007 c 3) | Legislation

[257LG  The requirement not to be interested in capital etc of social enterprise]

[(1)     This section applies—

(a)     to the investor, and

(b)     to any individual who is an associate of the investor.

(2)     In this section “related company” means—

(a)     the social enterprise, or

(b)     a company which at any time in the longer applicable period is a 51% subsidiary of the social enterprise (and such a company is therefore a related company for the purposes of this section even at times when it is not a 51% subsidiary of the social enterprise).

(3)     There

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