# The Accounts and Audit Regulations 1996, Paragraph 3


Paragraph 2 above does not apply to a body mentioned in regulation 10(3) (d), (e), (f), (g) or (h) where, before the beginning of a period to which the accounts relate, the body estimates that the amount mentioned in sub-paragraph (2)(a) of that paragraph in respect of a specified activity will, during that period, be less than £100,000.

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Source: https://www.legislation.gov.uk/uksi/1996/590/schedule/part/I/paragraph/3 (the official version)
Page: https://openlegislation.uk/accounts-and-audit-regulations-1996/schedule/part-I/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.