Part 10Special rules about charitable trusts etc

Claims

538Requirement to make claim

(1)

The exemptions under this Part require a claim.

(2)

Subsection (1) does not apply to an exemption under—

(a)

section 534 (exemption for transactions in deposits), or

(b)

section 535 (exemption for offshore income gains).

(3)

The trustees of a charitable trust are treated as having made a claim for any exemption to which they may be entitled under section 521 (gifts entitling donor to gift aid relief) if—

(a)

the charitable trust receives a gift as a result of a direction under section 429(2) (giving through self-assessment return), and

(b)

as a result of section 429(4), the gift is treated as a qualifying donation for the purposes of Chapter 2 of Part 8 (gift aid).

F1(4)

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