Corporation Tax Act 2010 (c. 4)

Part 6 U.K. Charitable donations relief

Chapter 2 U.K. Certain payments to charity

Qualifying payments U.K.

193 Associated acquisition etc U.K.

(1) A payment is disqualified under this section if—

(a) it is conditional on an acquisition of property by the charity from the company or a person associated with the company,

(b) it is associated with such an acquisition, or

(c) it is part of an arrangement involving such an acquisition.

(2) An acquisition by way of gift is to be ignored for the purposes of this section.