Paragraph 18 I1

England and Wales

In section 45 (construction of references to a charity etc.)—

(a)

in subsection (3)—

(i)

omit “Subject to subsection (9) of section twenty-two of this Act,”, and

(ii)

for “so expended” substitute “ expended for the purposes of the charity ”; and

(b)

in subsection (4), for the words from “not having” to “without” substitute

“whose income from all sources does not in aggregate amount to more than a specified amount shall be construed—
(i)
by reference to the gross revenues of the charity, or
(ii)
if the Commissioners so determine, by reference to the amount which they estimate to be the likely amount of those revenues,
but without (in either case) ”.

Annotations

Commencement

I1: Sch. 3 para. 18 wholly in force at 1.9.1992 see s. 79(2) and S.I. 1992/1900, art. 2(1), Sch. 1.

Notes on Schedule 3

Textual amendments

F1: Sch. 3 repealed (1.8.1993) by 1993 c. 10, s. 98(2), Sch. 7