CITM9005 - Definitions: Table of Definitions

For the purposes of the CITR scheme, and this guidance, the following terms are defined or explained as indicated below.

GuidanceTermLegislation
CITM9010associateFA02/SCH16/PARA50 & ITA/s381
 boardFA02/SCH16/PARA51 (1)
 bodyFA02/SCH16/PARA 51(1) & ITA/s382
CITM2010CDFIFA02/SCH16/PARA 1(2) & ITA/s334
CITM9020class of shareFA02/SCH16/PARA 51(2) & ITA/s382
CITM7140connected personsFA02/SCH16/PARA 51(3)
CITM7040disposalFA02/SCH16/PARA48 & ITA/s49


five year periodFA02/SCH16/PARA3 & ITA/s338
CITM9030held continuouslyFA02/SCH16/PARA49 & ITA/s380
CITM6090invested amountFA02/SCH16/PARA21 & ITA/s337
 investmentFA02/SCH16/PARA2 & ITA/s336
 investment dateFA02/SCH16/PARA3 & ITAs338
CITM3010investment fundSI2003/96 Regulation 9
 investorFA02/SCH16/PARA1 & ITA/s334
CITM9020issue of shares or securitiesFA02/SCH16/PARA46 &ITA/s378
CITM7110market valueFA02/SCH16/PARA 51(4) & ITA/s382
CITM5020owner (in relation to loan)FA02/SCH16/PARA 15(2) & ITA/s351
CITM7090period of restrictionFA02/SCH16/PARA33
CITM7090the 6 year periodITA/s359
CITM7010permitted disposalFA02/SCH16/PARA28 & ITA/s360
CITM3020qualifying enterpriseSI2003/96 Regulation 10
CITM4010qualifying investmentFA02/SCH16/PARA8 & ITA/s344
CITM3030relevant investmentSI2003/96 Regulation 11
 reliefFA02/SCH16/PARA51 (1)
CITM2130residential property 
CITM2050retail CDFIFA02/SCH16/PARA4 & ITA/s340
CITM4060tax relief certificateFA02/SCH16/PARA12 & ITA/s348
 tax yearFA02/SCH16/PARA51(1)
CITM2050wholesale CDFISI2003/96 Regulation 11 Schedule 1 (11)