SCHEDULE 18CHARITIES RELIEF
Overview
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This Schedule is arranged as follows—
a
paragraph 2 defines key terms,
F1aa
paragraphs 2A to 2D make provision about the meaning of “charity”,
b
paragraph 3 describes the relief available to a charity that is a buyer in a land transaction and the circumstances in which it is available,
c
paragraph 4 describes the circumstances where that relief is withdrawn,
d
paragraph 5 describes the relief available where a charity does not qualify for relief under paragraph 3 but meets other criteria, and makes provision about the circumstances where such relief is withdrawn,
e
paragraph 6 describes the relief available where at least one charity and at least one person who is not a charity are buyers under a land transaction,
f
paragraph 7 describes the circumstances where that relief is withdrawn,
g
paragraph 8 describes the relief available where a charity does not qualify for relief under paragraph 6 but meets other criteria, and makes provision about the circumstances where such relief is withdrawn, and
h
paragraph 9 makes provision about reliefs available for charitable trusts.