xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
18U.K.In section 531 of ITA 2007 (charities: exemptions)—
(a)after subsection (2) insert—
“(2A)Distributions to which section 121 of FA 2006 (Real Estate Investment Trusts: distributions) applies and which are chargeable to income tax under Part 2 or Part 3 of ITTOIA 2005 are not taken into account in calculating total income so far as they arise in respect of shares vested in a person in trust for a charitable trust or for charitable purposes.”, and
(b)in subsection (3), for “and (2)” substitute “ to (2A) ”.