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The six conditions that must hold for a catalytic capital structure to achieve perpetual regenerative behaviour: (1) Non-extractive returns, (2) Non-liability for beneficiaries, (3) Multi-cycle persistence, (4) Temporal alignment, (5) Distributed agency, (6) System value compounding.
Testing SEFA against invariants: No interest extraction (✓), soft repayment terms (✓), capital recycles through cycles (✓), deployment matches enterprise needs (✓), enterprises choose pay-forward timing (✓), impact compounds over time (✓). All six satisfied.
UACC Section 7