OpenLegislation

Section 8 DesignationI1I2

England and Wales

Section 115 of the Housing and Regeneration Act 2008 (profit-making and non-profit organisations) is amended as follows—

(a)

omit subsection (2);

(b)

for subsection (3) substitute—

“(3)

A body is a non-profit organisation if—

(a)

it is a registered or non-registrable charity and satisfies Conditions 1 and 2, or

(b)

otherwise, it satisfies Conditions 1 to 3.”;

(c)

in subsection (4)—

(i)

in paragraph (a), omit “or”;

(ii)

omit paragraph (b);

(d)

after subsection (6) insert—

“(6A)

The fact that a body is prohibited by its constitution from trading for profit does not, of itself, mean that it is a body which does not trade for profit for the purposes of subsection (4)(a).”;

(e)

in subsection (8) omit “(2) or”.

Annotations

Commencement

I1

S. 8 not in force at Royal Assent, see s. 46(3)

I2

S. 8 in force at 1.4.2024 by S.I. 2024/437, reg. 2(c)