Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income Tax Act 2007

Crossheading Interpretation of conditions relating to the social enterprise

  • Section 257MP Meaning of “qualifying trade”
  • Section 257MQ Meaning of “excluded activity”
  • Section 257MQA Excluded activities: nursing homes and residential care homes
  • Section 257MR Excluded activities: property development
  • Section 257MS Excluded activity: subsidised generation or export of electricity
  • Section 257MT Excluded activity: providing services or facilities for another business
  • Section 257MU Meaning of “qualifying subsidiary”
  • Section 257MV Meaning of “90% social subsidiary” of a social enterprise
  • Section 257MW Excluded activities: power to amend
  1. Interpretation of conditions relating to the social enterprise
  2. Excluded activities: power to amend

Section 257MW | Excluded activities: power to amend

From legislation.gov.uk

(1)The Treasury may by regulations add to, repeal or otherwise amend any provision of sections 257MQ to 257MT (excluded activities).

(2)Regulations under this section may—

(a)make different provision for different cases or purposes;

(b)contain incidental, supplemental, consequential and transitional provision and savings.

(3)So far as they cause an activity to cease to be an excluded activity, amendments made by regulations under this section may have effect in relation to times before they come into force, but not times before 6 April 2015.

(4)This section is without prejudice to any other power to amend any provision of this Part.

PreviousNext
PrivacyTerms