Section 217 — Income Tax Act 2007: The amount of value received

The amount of value received 217 In a case falling within a provision listed in column 1 of the following table, the amount of value received for the purposes of sections 213 and 218 is given by the corresponding entry in column 2 of the table. Provision The amount of value received Section 216(2)(a), (b) or (c) The amount received by the investor or, if greater, the market value of the shares, securities or debt Section 216(2)(d) The amount of the liability Section 216(2)(e) The amount of the loan or advance, less the amount of any repayment made before the issue of the relevant shares Section 216(2)(f) The cost to the issuing company of providing the benefit or facility, less any consideration given for it by the investor Section 216(2)(g) The difference between the market value of the asset and the consideration (if any) given for it Section 216(2)(h) The amount of the payment Section 216(5) The amount of the payment or the market value of the asset Section 216(6) The amount received by the investor or, if greater, the market value of the shares or securities