Regulation 3 Meaning of community amateur sports club

In section 658 (meaning of “community amateur sports club” and “registered club”)^f1—

(a)

in subsection (1) for “conditions A and B” substitute “conditions A, B and C”;

(b)

after subsection (1B) insert—

“(1C)
Condition C is that the club meets the income condition (see section 661CA).”.

Annotations

f1: Section 658(1), (1A) and (1B) were substituted by section 52(1) of the Finance Act 2012 (c. 14) and subsection (1A) was amended by paragraph 4 of Schedule 21 to the Finance Act 2013.