Corporation Tax Act 2010

209Value of net benefit to charityU.K.
This adran has no associated Nodiadau Esboniadol

(1)For the purposes of this Chapter the value of the net benefit to a charity is—

(a)the market value of the qualifying investment, or

(b)if the charity is, or becomes, subject to a disposal-related obligation, the market value of the qualifying investment reduced by the total amount of the disposal-related liabilities of the charity.

(2)This section is supplemented by—

(a)section 210 (market value of qualifying investments),

(b)section 211 (meaning of disposal-related obligation), and

(c)section 212 (meaning and amount of disposal-related liability).