22 Meaning of “private gain” in relation to proceeds of entertainments, lotteries and gaming promoted on behalf of certain societies.E+W+S
(1)For the purposes of this Act proceeds of any entertainment, lottery or gaming promoted on behalf of a society to which this subsection extends which are applied for any purpose calculated to benefit the society as a whole shall not be held to be applied for purposes of private gain by reason only that their application for that purpose results in benefit to any person as an individual.
(2)Subsection (1) above extends to any society which is established and conducted either—
(a)wholly for purposes other than purposes of any commercial undertaking; or
(b)wholly or mainly for the purpose of participation in or support of athletic sports or athletic games.