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Income Tax Act 2007
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530Exemption for profits from lotteries
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(1)The profits accruing to a charitable trust from a lottery are not taken into account in calculating total income if conditions A and B are met.
(2)Condition A is that—
(a)the lottery is promoted and conducted in accordance with section 3 or 5 of the Lotteries and Amusements Act 1976 (c. 32), or
(b)the lottery is promoted and conducted in accordance with Article 133 or 135 of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (S.I. 1985/1204 (N.I. 11)).
(3)Condition B is that the profits are applied to the purposes of the charitable trust only.
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