[284B Calculation of the “permitted amount”]
Charities Act 2011 (2011 c 25) | Legislation

[284B  Calculation of the “permitted amount”]

[(1)     The “permitted amount” for the purposes of section 284A(2) is given by the formula—

(0.25 x (V + B)) - B

ɳ—

V is the value of the available endowment fund on the relevant date (ignoring

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