102 Connected charities
Finance Act 2016 (2016 c 24) | Legislation

102  Connected charities

(1)     Two or more charities form a “charities unit” for a tax year (and are the “members” of that unit) if—

(a)     they are connected with one another at the beginning of the tax year, and

(b)     each of them is entitled to a levy allowance for the tax year.

(2)     The members of a charities unit must determine what amount of levy allowance each of them is to be entitled to for the tax year (and the determination must comply with subsections (3) and (4)).

But see subsections (6) and (11).

(3)     A member's levy allowance for a tax year may be zero (but not a negative amount).

(4)     The total amount of the levy allowances to which the members of a charities unit are entitled for a tax year must equal £15,000.

(5)     A determination made under subsection (2) (with respect to a tax year) cannot afterwards be altered by the members concerned (but this does not prevent the correction of a failure to comply with subsection (4)).

(6)     If subsection (8) applies—

(a)     HMRC must determine in accordance with subsection (7) what amount of levy allowance each of the relevant members (see subsection

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