Meaning of community amateur sports club
This section has no associated Explanatory Memorandum
3. In section 658 (meaning of “community amateur sports club” and “registered club”)(1)—
(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).”.
(1)
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.