Commentary on Sections Overview Overview Section 439: Meaning of “disposal-related obligation”
1248.This section defines “disposal-related obligation”. It is based on section 587B(8B) to (8D) and (9) of ICTA.
1249.The obligation undertaken by the charity may be any scheme, arrangement or understanding of any kind, regardless of whether it is legally enforceable. The word “obligation” also includes a reference to a series of obligations, whether or not between the same persons. It may also be contingent (see section 440(2)).