Commentary on Sections Overview Section 559: Securities which are approved charitable investments
1679.This section sets out details of which investments in securities count as approved charitable investments for the purposes of the rules restricting exemptions. It is based on Schedule 20 to ICTA and Schedule 1 to TIA 1961.
1680.The detail of investments covered by Schedule 1 to TIA 1961 have been incorporated into these sections in a more succinct and updated form. See Change 100 in Annex 1 and the commentary on section 558.