487. Significant increase in the amount of a company's capital.

For the purposes of the statutory provisions relating to the change of ownership of companies with investment business1, there is a significant increase in the amount of a company's capital2 if the amount of that capital ('amount B') exceeds another amount ('amount A') by at least £1,000,000 and is at least 125% of amount A3, where amount A is the lower of:

  1.  

    (1)     the amount of the company's capital immediately before the change in ownership4; and

  2.  

    (2)     the highest 60-day minimum amount for the pre-change year5,

and amount B is the highest 60-day minimum amount for the post-change period6.

The highest