VCM62000 - Venture capital trust (VCT) scheme: Qualifying holdings: Contents


VCM62010 Introduction
VCM62020 Requirements
VCM62030 Minimum equity content
VCM62040 Guaranteed loans
VCM62050 Securities
VCM62100 Method of acquisition
VCM62110 Amount of holding which qualifies
VCM62120 Maximum qualifying investment
VCM62150 Employment of money raised - general
VCM62151 Employment of money raised - initial period
VCM62152 Employment of money raised - second period
VCM62153 Employment of money raised - third period
VCM62160 Requirements regarding trade
VCM62170 Company using the money
VCM62180 Activity at time of investment
VCM62300 Time when requirements to be satisfied
VCM62310 Nature of investee company
VCM62330 Control by another company
VCM62332 Meaning of “control”
VCM62334 Relevant fixed rate preference shares
VCM62336 Meaning of “connected”
VCM62350 Exchange for shares in new holding company
VCM62360 Effect of “conversion”
VCM62370 Effect of reorganisation
VCM62380 Exchange of shares or securities for shares or securities in the same company
VCM62400 Exchange of shares or securities for shares or securities in another company
VCM62420 Scheme of reconstruction involving issue of shares or securities
VCM62440 Company reconstructions and reorganisations - definition of “fully tradeable”
VCM62500 Requests for advance assurances
VCM62510 Requests for advance assurances - information needed
VCM62515 Requests for advance assurances - dealing with requests
VCM62520 Requests for advance assurances - responding to requests
VCM62530 Examination of accounts
VCM62540 Liaison with CT&VAT