Version Superseded: 01/04/2010
Point in time view as at 06/04/2009.
Finance Act 2007, Paragraph 3 is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
3U.K.In section 107 (conditions for tax-exempt business)—
(a)in subsections (1)(a) and (2)(a), for “1 to 3” substitute “ 1 and 2 ”,
(b)in subsections (1)(b) and (2)(b), for “Condition 4” substitute “ Condition 3 ”,
(c)omit subsection (5),
(d)in subsection (6), for “1 to 3” substitute “ 1 and 2 ”,
(e)omit subsections (7) and (7A), and
(f)in subsections (8) and (9), for “Condition 4” substitute “ Condition 3 ”.
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