Search Legislation

Finance Act 2002

Status:

This is the original version (as it was originally enacted).

Organised on an amateur basis

3(1)A club is organised on an amateur basis if—

(a)it is non-profit making,

(b)it provides for members and their guests only the ordinary benefits of an amateur sports club, and

(c)its constitution provides for any net assets on the dissolution of the club to be applied for approved sporting or charitable purposes.

(2)A club is “non-profit making” if its constitution requires any surplus income or gains to be reinvested in the club and does not permit any distribution of club assets, in cash or in kind, to members or third parties.

This does not prevent donations by the club to charities or to other clubs that are registered as community amateur sports clubs.

(3)The ordinary benefits of an amateur sports club are—

(a)provision of sporting facilities;

(b)reasonable provision and maintenance of club-owned sports equipment;

(c)provision of suitably qualified coaches;

(d)provision, or reimbursement of the costs, of coaching courses;

(e)provision of insurance cover;

(f)provision of medical treatment;

(g)reimbursement of reasonable travel expenses incurred by players and officials travelling to away matches;

(h)reasonable provision of post-match refreshments for players and match officials;

(i)sale or supply of food or drink as a social adjunct to the sporting purposes of the club.

(4)Sub-paragraph (3) does not prevent a club from—

(a)entering into an agreement with a member for the supply to the club of goods or services, or

(b)employing and paying remuneration to staff who are also members of the club,

provided the terms are approved by the governing body of the club without the member concerned being present and are agreed with the member on an arm’s length basis.

(5)In relation to the application of the net assets on the dissolution of the club, “approved sporting or charitable purposes” means such of the following as may be approved by the members of the club in general meeting or by the members of the governing body of the club—

(a)the purposes of the governing body of an eligible sport for the purposes of which the club existed, for use in related community sport;

(b)the purposes of another club that is registered as a community amateur sports club;

(c)the purposes of a charity.

Back to top

Options/Help

Print Options

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources