2U.K.In section 530(2) of ITA 2007 (charitable trusts: exemption for profits from lotteries), for paragraph (a) (together with the “or” following it) substitute—
“(a)the lottery is an exempt lottery within the meaning of the Gambling Act 2005 by virtue of Part 1 or 4 of Schedule 11 to that Act,
(ab)the lottery is promoted in accordance with a lottery operating licence within the meaning of Part 5 of that Act, or”.
Commencement Information
I1Sch. 25 para. 2 in force at 1.9.2007 by S.I. 2007/2532, art. 2