# Charities Act 2022, Section 9: Definition of “permanent endowment”

Extent: E+W

In section 353 of the Charities Act 2011 (minor definitions), for subsection (3) substitute—
“(3) For the purposes of this Act, property is “permanent endowment” if it is subject to a restriction on being expended which distinguishes between income and capital.”

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Source: https://www.legislation.gov.uk/ukpga/2022/6/section/9 (the official version)
Page: https://openlegislation.uk/charities-act-2022/section-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.