# The Major Sporting Events (Income Tax Exemption) Regulations 2021, Introduction: Introductory text


Draft Regulations laid before the House of Commons under section 48(5) of the Finance Act 2014, for approval by resolution of that House.
Income Tax
Made ***
Coming into force 31st May 2021
The Treasury make the following Regulations in exercise of the powers conferred by section 48 of the Finance Act 2014.
In accordance with section 48(5) of that Act, a draft of the instrument was laid before, and approved by a resolution of, the House of Commons.

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Source: https://www.legislation.gov.uk/ukdsi/2021/9780348218831/introduction (the official version)
Page: https://openlegislation.uk/draft-major-sporting-events-income-tax-exemption-regulations-2021/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.