Terms of the cashback offer – Northern VCT

1. You will receive a cash amount of 0.4% on the amount you invest subject to these terms and conditions. The value of your cashback will be based on the amount you invest into the Northern VCTs only.

2. The offer applies to lump sum investments made into Northern VCTs through Chelsea Financial Services before 5 April 2020. This offer does not apply to any other investments that you may choose to make through Chelsea Financial Services.

3. The offer is funded by Chelsea Financial Services. The cashback will not come from your own cash or investments. The offer will be available until 5 April 2020 inclusive, however, we reserve the right to remove or suspend the offer if necessary, including for legal or regulatory reasons or otherwise, by posting a notice on our website. If the offer closes early, all qualifying applications already received at the time of the posting of the notice will still be accepted. The Northern VCTs could also become fully subscribed before this date.

4. The cashback payment will be paid to you by cheque at the end of April 2021, provided you still hold your investment through Chelsea Financial Services after 12 months of investment. Payment cannot be made to you in any other way and the cheque will be made to the investor only.

5. If you sell your Northern VCT investment, or transfer the servicing rights away from Chelsea Financial Services, within 12 months of the date your investment, we will not pay your cashback to you.

6. We reserve the right to determine how the cashback is calculated. By submitting a qualifying application, you agree to be bound by the terms of this offer. These terms are governed by the laws of England and subject to the exclusive jurisdiction of the English courts.

7. The offer cannot be used in conjunction with any other offer.