Finance Act 2024

Amendment of Part 3 of Schedule 26A to Principal Act (approval of body as eligible charity)

16. Part 3 of Schedule 26A to the Principal Act is amended—

(a) in paragraph 3(c)—

(i) in clause (i), by the deletion of “for a period of not less than 2 years”, and

(ii) in clause (ii), by the deletion of “at least 2 years before that date”,

(b) in paragraph 3A, by the substitution of the following subparagraph for subparagraph (a):

“(a) each restructured or amalgamated body held an authorisation as at the date of the initiation of the process of re-organisation, and”,

and

(c) in paragraph 3B, by the substitution of the following subparagraph for subparagraph (a):

“(a) the restructured body held an authorisation as at the date of the initiation of the process of re-organisation, and”.