Part 6

Charitable donations relief
Chapter 3

Certain disposals to charity

Amounts treated as qualifying charitable donations

Meaning of qualifying investment
204
1
In this Chapter “qualifying investment” means any of the following—
a
shares or securities which are listed on a recognised stock exchange or dealt in on a designated market in the United Kingdom,
b
units in an authorised unit trust,
c
shares in an open-ended investment company,
d
an interest in an offshore fund, and
e
a qualifying interest in land.
2
In this section—
- “offshore fund” has the meaning given by section 355 of TIOPA 2010, and
- “open-ended investment company” is to be read in accordance with sections 613 and 615.
3
In paragraph (a) of subsection (1) “designated” means designated by an order made by the Commissioners for Her Majesty’s Revenue and Customs for the purposes of that paragraph.
4
An order under subsection (3)—
a
may designate a market by name or by reference to a class or description of market,
b
may vary or revoke a previous order under that subsection.