qualifying investments

Definitions over time (1)

01/03/2018 – today applies on 12/11/2026 Article 3, Regulation (EU) No 346/2013 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply:

‘qualifying investments’ means any of the following instruments: equity or quasi-equity instruments that are issued by: a qualifying portfolio undertaking and acquired directly by the qualifying social entrepreneurship fund from the qualifying portfolio undertaking, a qualifying portfolio undertaking in exchange for an equity security issued by the qualifying portfolio undertaking, or an undertaking of which the qualifying portfolio undertaking is a majority-owned subsidiary and which is acquired by the qualifying social entrepreneurship fund in exchange for an equity instrument issued by the qualifying portfolio undertaking; securitised and un-securitised debt instruments, issued by a qualifying portfolio undertaking; units or shares of one or several other qualifying social entrepreneurship funds, provided that those qualifying social entrepreneurship funds have not themselves invested more than 10 % of their aggregate capital contributions and uncalled committed capital in qualifying social entrepreneurship funds; secured or unsecured loans granted by the qualifying social entrepreneurship fund to a qualifying portfolio undertaking; any other type of participation in a qualifying portfolio undertaking;

Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.