CITM3040 - Investment by community development finance institutions (CDFIs): Investments which are not relevant investments
SI2003/96 Schedule 1
Accreditation as a CDFI is conditional on the accredited body investing specified proportions of its investment fund within defined time limits in relevant investments in qualifying enterprises (see CITM3005).
»Ê¹ÚÌåÓýapp meaning of relevant investments is described at CITM3030.
But certain kinds of investment are specifically excluded from being relevant investments. »Ê¹ÚÌåÓýappse excluded investments are listed at SI2003/96 Schedule 1 and fall into the following categories.
| CITM3050 | investments that are protected by publicly-funded guarantees |
|---|---|
| CITM3060 | certain loans to profit-distributing enterprises |
| CITM3065 | equity investments in profit-distributing enterprises |
| CITM3070 | certain investments in non-profit-distributing enterprises |
| CITM3020 | excessive investment in enterprises within Case 2 of SI2003/96 Regulation 10 |
| CITM3080 | investments that exceed 20% of the CDFI’s investment fund |
| CITM3090 | investments in properties |
| CITM3092 | certain investments in property |
| CITM3100 | excessive investment by retail CDFIs in other CDFIs or similar bodies |
| CITM3110 | excessive investment by wholesale CDFIs in other CDFIs or similar bodies |