Schedule 17 | Real Estate Investment Trusts

(1)Repealed

(2)Repealed

(3)Repealed

(4)Repealed

(5)Repealed

(6)Repealed

(7)Repealed

(8)Repealed

(9)Repealed

(10)Repealed

(11)Repealed

(12)Repealed

(13)Repealed

(14)Repealed

(15)Repealed

(16)Repealed

(17)Repealed

(18)In section 531 of ITA 2007 (charities: exemptions)—

(a)after subsection (2) insert—

(2A)Distributions to which section 121 of FA 2006 (Real Estate Investment Trusts: distributions) applies and which are chargeable to income tax under Part 2 or Part 3 of ITTOIA 2005 are not taken into account in calculating total income so far as they arise in respect of shares vested in a person in trust for a charitable trust or for charitable purposes.

, and

(b)in subsection (3), for “and (2)” substitute “ to (2A) ”.