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Regulation 9 Amendments to the Charities Accounts (Scotland) Regulations 2006

Original text. Later amendments are not shown.

Regulation 10 (annual audit of statement of account) is amended as follows—

(a)

for paragraph (1)(b) substitute—

“(1)
(b)

prepared a statement of account in accordance with regulation 8 and the aggregate value of its assets (before deduction of liabilities) at the end of the charity’s relevant financial year exceeds £3.26 million;”;

(b)

in paragraph (1)(d) for “£100,000” substitute “£250,000”;

(c)

after paragraph (1) insert—

“(1A)

This regulation also applies where regulation 6(1) requires a charity to prepare consolidated accounts.”;

(d)

in paragraph (4)(b) for “section 25 of the Companies Act 1989” substitute “section 1212 of the Companies Act 2006”; and

(e)

in paragraph (4)(f)(iii), after “2005” insert “Act”.