CVS: investors and reliefs: non-financial activities requirement: general
A qualifying investing company must, throughout the qualification period, satisfy a requirement relating to its business unless it is a member of a group, in which case the group must satisfy a requirement relating to the activities of the whole group. The terms of the requirement depend on whether it is:
- a single company, that is, one which is not owned by another company and does not have any subsidiary (see VCM91140),
- a parent company, that is, one which is not owned by another company and has one or more subsidiaries (see VCM91150),
- a company which is a member of a group but is not the parent company (see VCM91160).