PART XII SPECIAL CLASSES OF COMPANIES AND BUSINESSES

CHAPTER II FRIENDLY SOCIETIES, TRADE UNIONS AND EMPLOYERS’ ASSOCIATIONS

Unregistered friendly societies

459 Exemption from tax.

F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Registered friendly societies

460 Exemption from tax in respect of life or endowment business.

F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

461 Taxation in respect of other business.

F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F4461A Taxation in respect of other business: incorporated friendly societies qualifying for exemption.

F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F6461B Taxation in respect of other business: incorporated friendly societies etc.

F7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8461C Taxation in respect of other business: withdrawal of “qualifying” status from incorporated friendly society.

F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

461DF21Transfers of other business

F10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

462 Conditions for tax exempt business.

F11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F12462A Election as to tax exempt business.

F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

463F14Long-term business: application of the Corporation Tax Acts.

F15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

464 Maximum benefits payable to members.

F16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

465 Old societies.

F17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F18465A Assets of branch of registered friendly society to be treated as assets of society after incorporation.

F19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

466 Interpretation of Chapter II.

F20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Trade unions and employers’ associations

467 Exemption for trade unions and employers’ associations.

F22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .