Vcm90180 - cvs: general: qualifying issuing companies: to be unquoted - hmrc internal manual

VCM90180 - CVS: GENERAL: QUALIFYING ISSUING COMPANIES: TO BE UNQUOTED FA00/SCH15/PARA16 At the time when the shares are issued, neither they nor any of the company’s other shares or

debentures or other securities may be listed on an exchange which is at that time a recognised stock exchange (see CTM60310) or has been designated by HMRC, or be dealt in outside the UK by

any means designated by HMRC. In addition, at the time when the shares are issued there must not be any arrangements for such a listing, or for the company to become a subsidiary of another

company that would not satisfy this requirement. Print this page