Corporation Tax Act 2010 section 510

Substantial donor transactions: supplementary

Section 510 provides key definitions and interpretive guidance that apply across the substantial donor transaction rules in sections 502 to 508.

• This section acts as the interpretive guide for the substantial donor rules, clarifying the meaning of terms used throughout sections 502 to 508.
• The term "connected" in this section refers to the relationship between a substantial donor and other persons, which is distinct from the concept of connected charities used in section 509.
• Whether a person is "connected" to a substantial donor is determined by applying the general connected persons definition found in section 1122 of the Corporation Tax Act 2010.
• Administrative references to "the Commissioners" have been updated to "an officer of Revenue and Customs", reflecting a modernisation of the legislation.