# The Charities (Accounts and Reports) Regulations 1995, Paragraph 5


In the case of any financial year of a charity in which the gross income of the charity does not exceed £100,000 but in respect of which the charity trustees have made no election in pursuance of section 42(3) of the 1993 Act, paragraph 3(b) above shall have effect as if for the words from “divided into” to the end there were substituted the words “divided into such categories as reasonably enable the user to gain an appreciation of the expenditure of the charity during the year”.

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Source: https://www.legislation.gov.uk/uksi/1995/2724/schedule/1/paragraph/5 (the official version)
Page: https://openlegislation.uk/charities-accounts-and-reports-regulations-1995/schedule-1/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.