[257QA Value received: insignificant receipts]

[257QA  Value received: insignificant receipts]

[(1)     In this section “insignificant receipt” means a receipt whose amount—

(a)     is not more than £1,000, or

(b)     is more than £1,000 but is insignificant in relation to the amount invested.

(2)     Section 257Q(1) does not apply to an insignificant receipt, subject as follows.

(3)     Section 257Q(1) applies

Powered by Lexis+®

Popular documents