SCHEDULES
SCHEDULE 23SDLT: charities relief
2
In paragraph 1 (conditions for charities relief)—
a
in sub-paragraph (2), omit the words from “that is” to the end;
b
in sub-paragraph (3), for “not been” substitute “
been
”
;
c
after sub-paragraph (3) insert—
3A
For the purposes of this Schedule, a charity (“C”) holds a chargeable interest for qualifying charitable purposes if it holds it—
a
for use in furtherance of the charitable purposes of C or another charity, or
b
as an investment from which the profits are applied to the charitable purposes of C.