This is the original version (as it was originally enacted).
(1)In sections 502 to 508—
(a)a reference to a substantial donor or other person includes a reference to a person connected with the donor or other person,
(b)“financial assistance” includes, in particular—
(i)the provision of a loan, guarantee or indemnity, and
(ii)entering into alternative finance arrangements within the meaning of section 564A(2) of ITA 2007 or section 501(2) of CTA 2009, and
(c)a reference to a gift of a specified amount includes a reference to a non-monetary gift of that value.
(2)On an appeal against an assessment the tribunal may affirm or replace a decision of an officer of Revenue and Customs under section 504 or 507.
(3)The Treasury may by regulations vary a sum, or a period of time, specified in section 502(2).
(4)Section 1124 (meaning of “control”) does not apply for the purposes of section 508(4) or 509(2).
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
