Part III Income Tax, Corporation Tax and Capital Gains Tax

Chapter II Other provisions

Giving to charity

42 Millennium gift aid.

1

In section 48 of the M1Finance Act 1998 (gifts of money for relief in poor countries), subsections (3), (6) and (7) shall cease to have effect.

2

In subsection (4) of that section—

a

in paragraph (a), after “made" there shall be inserted “ before 6th April 2000 ”;

b

after paragraph (b) there shall be inserted—

bb

the subsequent gift, or at least one of the subsequent gifts, is made on or after 6th April 2000;

and

c

in paragraph (c), for “appropriate certificate" there shall be substituted “ appropriate declaration ”.

3

In subsection (8) of that section, for the definition of “relevant gift" there shall be substituted—

“relevant gift” means a gift to which this section applies—

a

which satisfies the requirements of subsection (2) of section 25 of the M2Finance Act 1990 (as amended by section 39 of the Finance Act 2000); or

b

which would satisfy those requirements if paragraph (e) of that subsection were disregarded.