Commentary on Sections Overview Overview Section 230: Repayment of authorised minimum within 12 months
729.This section provides an exception to section 224 for certain repayments. It is based on section 303(9) of ICTA.
730.Subsection (1)(b) widens the exception in the source legislation and corresponds to paragraph 58(5)(b) of Schedule 15 to FA 2000 (corporate venturing scheme - repayment of authorised minimum within 12 months). See Change 51 in Annex 1.