SCHEDULES
SCHEDULE 6Charities and community amateur sports clubs: definitions
Part 2Repeals of superseded definitions and other consequential amendments
ITA 2007
23
1
ITA 2007 is amended as follows.
2I1
In section 479(1)(b)
(special rates for trustees' income), for “trust established for charitable purposes only” substitute “
charitable trust
”
.
3I1
In section 481(1)(c)
(other special rates for trustees), for “trust established for charitable purposes only” substitute “
charitable trust
”
.
4I1
Omit section 519 (meaning of “charitable trust”).
5I1
In section 873(2)
(discretionary or accumulation settlements), in paragraphs (a) and (b), for “trust established for charitable purposes only” substitute “
charitable trust
”
.
6I2
In section 989 (definitions), omit the definition of “charity”.
7I1
In Schedule 4 (index of defined expressions)—
a
in the entry for “charitable trust (in Part 10)”—
i
omit “(in Part 10)”, and
ii
for “section 519” substitute “
paragraph 1 of Schedule 6 to FA 2010
”
, and
b
in the entries for “charity”, “charity (in Chapter 2 of Part 8)” and “charity (in Chapter 3 of Part 8)”, for “section 989” substitute “
paragraph 1 of Schedule 6 to FA 2010
”
.