BIM47601 - Specific deductions: trade organisations: development councils etc.

Established by Act of Parliament

Government departments may establish development councils under various Acts of Parliament. These councils are empowered to impose levies on persons registered as carrying on a business within the industry or sector concerned - the levies being used for the general advancement of that industry. Departments themselves may also impose levies without establishing a development council. Such levies may be for the purpose of scientific research, promotion of export trade or other improvements within a particular industry, for example. In such cases, authority is normally given by way of Statutory Instrument.