[292AA Maximum risk finance investments when relevant holding is issued requirement]
Income Tax Act 2007 (2007 c 3) | Legislation

[292AA  Maximum risk finance investments when relevant holding is issued requirement]

[(1)     The total amount of relevant investments made in the relevant company on or before the investment date must not exceed—

(a)     if the relevant company is a knowledge-intensive company at the investment date (see section 331A), £20 million, and

(b)     in any other case, £12 million.

(2)     In subsection (1), the reference to relevant investments made in the relevant company includes—

(a)     relevant investments made in any company that is at the investment date, or has at any time before that date been, a 51% subsidiary of the relevant company (including investments made in such a company before it became such a subsidiary but, if it is not such a subsidiary at the investment date, not investments made in it after it last ceased to be such a subsidiary),

(b)     any other relevant

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