Chapter 3 – Eligibility: conditions relating to the investor and the investment (ss 257L-257LH)

Contents

Section 257L – Investment to be in new shares or new qualifying debt investments [ITA 2007 s 257L] Section commentary
Section 257LA – Condition that the amount invested must have been paid over [ITA 2007 s 257LA] Section commentary
Section 257LB – The no pre-arranged exits requirements [ITA 2007 s 257LB] Section commentary
Section 257LC – The no risk avoidance requirement [ITA 2007 s 257LC] Section commentary
Section 257LD – The no linked loans requirement [ITA 2007 s 257LD] Section commentary
Section 357LDA – The existing investments requirement [ITA 2007 s 257LDA] Section commentary
Section 257LE – The no tax avoidance requirement [ITA 2007 s 257LE] Section commentary
Section 257LEA – The no disqualifying arrangements requirement [ITA 2007 s 257LEA] Section commentary
Section 257LF – Restrictions on being an employee, partner or paid director [ITA 2007 s 257LF] Section commentary
Section 257LG – The requirement not to be interested in capital etc of social enterprise [ITA 2007 s 257LG] Section commentary
Section 257LH – Requirement for no collusion with a non-qualifying investor [ITA 2007 s 257LH] Section commentary

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