Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options

Add to favourites

View Options

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2022-01-01.

Timeline guidance

Alternative versions

  1. Point in time
    2022-01-01

EIS fund

    an arrangement, specified in paragraph 2 of the Schedule to the Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001 (SI 2001/1062), which is in summary: an arrangement in relation to EIS shares that would have been a collective investment scheme if the scheme arrangements had not provided that:

      1. (a) the operator will, so far as practicable, make investments which, subject to each participant's individual circumstances, qualify for relief under Chapter III of Part VII of the Income and Corporation Taxes Act 1988; and
      1. (b) the minimum subscription to the arrangements by each participant must be not less than £2,000.4