Section 257D — Income Tax Act 2007: Overview of Chapter

Overview of Chapter 257D The issuing company is a qualifying company in relation to the relevant shares if the requirements of this Chapter are met as to—

a trading (see section 257DA),

b the issuing company's carrying on of the qualifying business activity (see section 257DC),

c UK permanent establishment (see section 257DD),

d financial health (see section 257DE),

e unquoted status (see section 257DF),

f control and independence (see 257DG),

g no partnerships (see section 257DH),

h gross assets (see section 257DI),

i number of employees (see section 257DJ),

j no previous other risk capital scheme investments (see section 257DK),

k the amount raised through the SEIS (see section 257DL),

l qualifying subsidiaries (see section 257DM),

and m property managing subsidiaries (see section 257DN).