SCHEDULES

SCHEDULE 4E+W+SConsequential amendments

Part 2 E+W+SAmendments of other Acts

Income Tax Act 2007 (c. 3)E+W+S

107E+W+SIn section 309A(9) (excluded activities: subsidised generation or export of electricity) for the definitions of “community benefit society” and “co-operative society” substitute—

““community benefit society” means—

(a)a society registered as a community benefit society under the Co-operative and Community Benefit Societies Act 2014, or

(b)a pre-commencement society (within the meaning of that Act) that meets the condition in section 2(2)(a)(ii) of that Act;

“co-operative society” means—

(a)a society registered as a co-operative society under the Co-operative and Community Benefit Societies Act 2014, or

(b)a pre-commencement society (within the meaning of that Act) that meets the condition in section 2(2)(a)(i) of that Act;”.