CITM2070 - Accreditation: Limit on qualifying investments
SI2003/96 Regulation 12
A Community Development Finance Institution바카라 사이트™s (CDFI바카라 사이트™s) application for accreditation will include details of the amount of funding that it anticipates to raise through the CITR scheme. If an accredited CDFI wishes to raise 바카라 사이트˜qualifying investments바카라 사이트™ (see CITM4005) exceeding 125% of the amount stated in the application which formed the basis for its accreditation it must provide the Department for Business and Trade (DBT) with at least one month바카라 사이트™s notice of its intention to do so.
If a CDFI fails to provide the necessary notice, or DBT does not approve the proposed increase, DBT may treat some or all of the investments which exceed the 125% limit as not being 바카라 사이트˜relevant investments바카라 사이트™ for the purposes of SI2003/96 Regulation 8 (see CITM3005).