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Biological Standards Act 1975

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This is the original version (as it was originally enacted).

2General provisions about the Board.

(1)The Board shall consist of members appointed by the Ministers, and their number shall be such as the Ministers think fit.

(2)The Ministers shall appoint one of the members of the Board to be its chairman.

(3)Any land occupied by the Board shall be deemed for the purposes of any rate on property to be property occupied by or on behalf of the Crown for public purposes.

(4)The Board shall be entitled to exemption from income tax and corporation tax—

(a)under Schedules A, B and C ;

(b)under Schedule D in respect of any yearly interest or other annual payment received by the Board ;

(c)under Schedule F in respect of distributions received by the Board; and

(d)in respect of chargeable gains.

(5)The Schedule to this Act shall have effect with respect to the Board.

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