SCHEDULES

SCHEDULE 6U.K.Charities and community amateur sports clubs: definitions

Part 1 U.K.Definition of “charity”, “charitable company” and “charitable trust”

Periods over which management condition treated as metU.K.

5(1)This paragraph applies in relation to any period throughout which the management condition is not met.U.K.

(2)The management condition is treated as met throughout the period if the Commissioners for Her Majesty's Revenue and Customs consider that—

(a)the failure to meet the management condition has not prejudiced the charitable purposes of the body or trust, or

(b)it is just and reasonable in all the circumstances for the condition to be treated as met throughout the period.