Transitional provisions3
In section 505(1)(f)(ii) of the Income and Corporation Taxes Act 19884 (charitable companies: exemption for profits from lotteries) and section 530(2) of the Income Tax Act 20075 (charitable trusts: exemption for profits from lotteries) the references to “lottery operating licence” include an operating licence which is treated as being held by a society by virtue of paragraph 68 of Schedule 4 to the 2006 Order.