558 Approved charitable investments
Income Tax Act 2007 (2007 c 3) | Legislation

Approved charitable investments and loans

558  Approved charitable investments

An investment is an approved charitable investment for the purposes of section 543 (meaning of “non-charitable expenditure”) if it is an investment of any of the following types.

Type 1

An investment to which section 559 applies.

Type 2

An investment in a common investment fund established under—

(a)     section 22 of the Charities Act 1960 (c 58),

(b)     section 24 of the Charities Act 1993 (c 10),

[(bb)     section 96 of the Charities Act 2011, or]

(c)     section 25 of the

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