Income Tax Act 2007 section 421

Admission rights: supplementary

Section 421 provides supplementary rules for the admission rights conditions set out in section 420, clarifying how event days and matching admission rights are treated for Gift Aid purposes.

• Condition C (the 12-month minimum period for admission rights) is still met even if the charity excludes up to 5 "event days" from the right of admission during the applicable period
• The applicable period is either the period during which the right applies (if it lasts 12 months) or each calendar year during which the right applies (if it lasts more than 12 months)
• An "event day" is any day on which an event is scheduled to take place on the premises covered by the admission right
• For Condition D, the "same right of admission" means a right relating to the same property, the same classes of persons, and the same periods of time as the right received in consequence of the gift