[286ZA The risk-to-capital requirement]
Income Tax Act 2007 (2007 c 3) | Legislation

The requirements

[286ZA  The risk-to-capital requirement]

[(1)     The requirement of this section is that, having regard to all the circumstances existing at the time of the issue of the relevant holding, it would be reasonable to conclude that—

(a)     the relevant company has objectives to grow and develop its trade in the long-term, and

(b)     there is a significant risk that, for the investing company, there will be a loss of capital of an amount greater than its net investment return.

(2)     For the purposes of subsection (1)(b)—

(a)     the reference to

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