Corporation Tax Act 2010 section 217C

Meaning of qualifying sport body

Section 217C defines what counts as a "qualifying sport body" for the purposes of the community amateur sports club provisions of corporation tax law.

• A qualifying sport body is either a recognised sport governing body or a body wholly owned by one, where recognition is determined by inclusion on a list maintained by the National Sports Councils
• The National Sports Councils comprise the UK Sports Council, the English Sports Council, the Scottish Sports Council, the Sports Council for Wales, and the Sports Council for Northern Ireland
• The Treasury has regulation-making powers to amend the definition of qualifying sport body and to designate additional bodies (including by class or description) as qualifying sport bodies
• Regulations designating bodies made before 1 April 2018 could be given retrospective effect back to 1 April 2017, but no earlier