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D7.105 Conditions for becoming a qualifying asset holding company

There are a number of conditions that a company must meet in order to enter the qualifying asset holding company (QAHC) regime. These are discussed in detail below. A company will become a QAHC at the beginning of the first day on which all of the conditions are met¹.

For a general overview of the QAHC regime, see D7.101.

A company is a QAHC if²:

1. Ìý

   •ÌýÌýÌýÌý it is UK resident (see D4.103)

2. Ìý

   •ÌýÌýÌýÌý it meets the ownership condition (see below at 'QAHCs—ownership condition' and D7.106)

3. Ìý

   •ÌýÌýÌýÌý it meets the activity condition (see below at 'QAHCs—activity condition')

4. Ìý

   •ÌýÌýÌýÌý it meets the investment strategy condition (see below at 'QAHCs—investment strategy condition')

5. Ìý

   •ÌýÌýÌýÌý it is not a UK REIT (see Division D7.11) nor (with effect from 15 March 2023) a securitisation company (see Division D7.13)

6. Ìý

   •ÌýÌýÌýÌý no equity securities of the company are listed or traded on a recognised stock exchange or