The legislation1 determining the occasions when value is treated as being received, and the amount of value received can be summarised as follows—
| Occasion on which value is received | Amount of value received |
| (1) The repayment, redemption or repurchase of any securities or shares included in the investment. | The amount received. |
| (2) The release or waiver of any liability of the investor to the CDFI or discharge, or undertaking to discharge, any liability of the investor to a third person (see below). | The amount received. |
| (3) A loan or advance made to the investor that has not been repaid in full before the investment is made (see below). | The amount of the loan or advance, less the amount of any repayment made before the investment is made. |
| (4) The provision of a benefit or facility for the investor or any associate |
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Web page updated on 17 Mar 2025 17:03