SCHEDULES

SCHEDULE 2Sporting testimonial payments

Application of this Schedule

4

1

The amendments made by this Schedule have effect in relation to a sporting testimonial payment made out of money raised by a sporting testimonial if—

a

the sporting testimonial was made public on or after 25 November 2015, and

b

the payment is made out of money raised by one or more relevant events or activities which take place on or after 6 April 2017.

2

Terms used in sub-paragraph (1) and section 226E of ITEPA 2003 (as inserted by paragraph 1) have the same meaning as in that section.