[257MN The social enterprise must carry on the chosen trade]
Income Tax Act 2007 (2007 c 3) | Legislation

[257MN  The social enterprise must carry on the chosen trade]

[(1)     There must not be a time in the shorter applicable period when—

(a)     the chosen trade, or

(b)     relevant preparation work,

is carried on by a person who is neither the social enterprise nor a 90% social subsidiary of the social enterprise.

(2)     If relevant preparation work is carried out in the shorter applicable period by the social enterprise or a 90% social subsidiary of the social

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