Commentary on Sections Overview Section 555: Donors: exceptions
1664.This section specifies exceptions to the donors caught by section 549. It is based on section 506B(8) and (9) of ICTA.
1665.Subsection (1) concerns companies set up by charitable trusts, for example to carry on trading activities as a means of generating funds.
1666.Subsection (2) concerns registered social landlords and housing associations, which often share services and accommodation with charities as a means of meeting charitable and non-charitable objectives, through complex group structures.