28
In forceCategory 14.2 tenure
Part 4Rents and instalments
Division 2Categorisation of tenures for rental purposes
Subdivision 2Requirements for rental categories
28 Category 14.2 tenure
A tenure is a category 14.2 tenure if—
(a)
under its conditions the tenure is, or may be, used for a sporting or recreational purpose; and
(b)
the tenure holder is a sporting or recreational organisation—
(i)
with at least 2,000 members; and
(ii)
whose constitution does not permit its profits to be distributed to its members.
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