As noted at ¶226-650, the rule in Sharkey (HMIT) v Wernher (1955) 36 TC 275 (see ¶226-550) does not apply to gifts to certain educational establishments etc., of equipment manufactured, sold or used in the course of the taxpayer’s trade (ITTOIA 2005, s. 108). The educational establishments and categories of educational establishments concerned are specified in the Schedule to the Taxes (Relief for Gifts) (Designated Educational Establishments) Regulations 1992 (SI 1992/42), as amended. These regulations are now made under ITTOIA 2005, s. 110.

Schools: England and Wales

(1)any school maintained by a local authority;

(2)any grant-maintained school;

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