Taxation (International and Other Provisions) Act 2010 Explanatory Notes

Section 327: Educational and public bodies

611.This section excludes relevant amounts paid to certain educational and public bodies from being taken into account in computing any disallowance under this Part. This prevents a disallowance being made where a corresponding disregard of amounts receivable is not available because of the tax status of the receiving body. The section is based on paragraph 68 of Schedule 15 to FA 2009.

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