[226E Sporting testimonial payments]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[Sporting testimonial payments]

[226E  Sporting testimonial payments]

[(1)     This section applies in relation to an individual who is or has been employed as a professional sportsperson (“S”).

(2)     In this section “sporting testimonial” means—

(a)     a series of relevant events or activities which each have the same controller, or

(b)     a single relevant event or activity not forming part of such a series.

(3)     An event or activity is (subject to subsection (4)(b)) a relevant event or activity if—

(a)     its purpose (or one of its purposes) is to raise money for or for the benefit of S, and

(b)     the only or main reason for doing that is to recognise S's service as a professional sportsperson who is or has been employed as such.

(4)     An activity that meets

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