Connected charities and community buildings
F19AElection for section 9 not to apply
(1)
The condition mentioned in section 9(2) is that HMRC have notice from each connected eligible charity that the charity does not want section 9 to apply to the connected eligible charities for the tax year.
(2)
“Connected eligible charity” has the same meaning as in section 9.
(3)
A notice under subsection (1) may be withdrawn before the condition in that subsection is met, but may not be withdrawn after the condition in that subsection has been met.
(4)
Regulations under section 11 may in particular make provision—
(a)
imposing a time limit for giving a notice under subsection (1);
(b)
about the form and contents of the notice (including provision for them to be determined by HMRC);
(c)
requiring the notice to be accompanied by information specified in the regulations or determined by HMRC.