Section 1F: Investor for Initial investment of USD 40,000 or
This section is inserted by Act No 10 of 2017, section 29.
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
1F. Investor for Initial investment of USD 40,000 or
innovative its equivalent in freely convertible
start-ups currency and a minimum operation
expenditure of 20 per cent on
research and development
(ii) by adding the following new item and its corresponding
entries –
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Questions this section answers
- What is the minimum investment and R&D spending needed to qualify as an innovative start-up investor?