32. Community amateur sports clubs.

The Finance Act 2002 introduced a new scheme of tax treatment for sports clubs meeting the statutory criteria for 'community amateur sports clubs' ('CASCs')¹. A club may be registered as a CASC² if it is, and is required by its constitution to be, a club which:

1.  

   (1)     is open to the whole community³;

2.  

   (2)     is organised on an amateur basis⁴;

3.  

   (3)     has as its main purpose the provision of facilities for, and the promotion of participation in, one or more eligible sports⁵;

4.  

   (4)     meets the location condition⁶;

5.  

   (5)     meets the management condition⁷;

6.  

   (6)     meets the income condition⁸

If these conditions