Part 4: Income tax, corporation tax and capital gains tax Section 30: London Anniversary Games Details of the section
Subsection (1) means that a person who is non-resident and an accredited competitor would be exempt from income tax on income received from the games.
	Subsection (3) defines a non-UK resident for the tax-year 2015-16. UK resident, non-UK resident and overseas have the meanings given by the provisions of the Statutory Residence Test in accordance with Schedule 45 to the Finance Act 2013.
	Subsection (4) means that there will be no need to make the deductions normally due under section 966 (duty to deduct income tax at source in the case of sportsmen, sportswomen etc.) of the Income Tax Act 2007 from income covered by this exemption.
	Subsection (5) defines `accredited competitor` as approved in a way that is recognised and endorsed by the event organising body; the `games period` as the period between 22nd and 28th of July 2015; `income` as employment income, specific employment income and the profits of a trade, profession or vocation; and `the Games` as the athletic event held at the Olympic Stadium between 24th and 26th July 2015. Employment income and specific employment income is defined in accordance with section 7 of the Employment Income (Earnings and Pensions) Act 2003 and the profits of a trade, profession or vocation is defined in accordance with sections 5 and 13 of the Income Tax (Trading and Other Income) Act 2005.
	Subjection (6) means that the enactment creating the exemption commences on 8 July 2015.