SCHEDULES

SCHEDULE 6Charities and community amateur sports clubs: definitions

Part 2Repeals of superseded definitions and other consequential amendments

13TCGA 1992

1

TCGA 1992 is amended as follows.

2

In section 222(8B)(b)(iii) (relief on disposal of private residence), for “established for charitable purposes only” substitute “a charitable company”.

3

In section 256 (charities), omit subsections (6) and (8).

4

In section 256C (attributing gains to the non-exempt amount: charitable companies), omit subsection (6).

5

In section 256D (how gains are attributed to the non-exempt amount: charitable companies), omit subsection (7).