Paragraph 21 I1 I2

United Kingdom

(1)

ITTOIA 2005 is amended as follows.

(2)

In section 410(3)(b) (when stock dividend income arises), for “trust established for charitable purposes only” substitute “ charitable trust ”.

(3)

In section 545(1) (definitions for Chapter 9 of Part 4), omit the definition of “charitable trust”.

F1(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

In Part 2 of Schedule 4 (index of defined expressions)—

(a)

in the entry for “charitable trust (in Chapter 9 of Part 4)”—

(i)

omit “(in Chapter 9 of Part 4)”, and

(ii)

for “section 545(1)” substitute “ paragraph 1 of Schedule 6 to FA 2010 ”, and

(b)

in the entry for “charity”, for “section 989 of ITA 2007” substitute “ paragraph 1 of Schedule 6 to FA 2010 ”.

Annotations

F1: Sch. 6 para. 21(4) omitted (with effect in accordance with Sch. 12 para. 18(1) of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 12 para. 17

I1: Sch. 6 para. 21(2)(4)(5)(b) in force at 8.3.2012 with effect as mentioned in art. 15(1) of the commencing S.I. by S.I. 2012/736, art. 15(1)
I2: Sch. 6 para. 21(3)(5)(a) in force at 8.3.2012 with effect as mentioned in art. 15(2) of the commencing S.I. by S.I. 2012/736, art. 15(2)(3)