Regulation 3 Amendment to the Charities Accounts (Scotland) Regulations 2006

The Charities Accounts (Scotland) Regulations 2006^f1 are amended in accordance with paragraphs (2) to (4).

In regulation 1(2) (interpretation), in the definition of “the SORP”, at the end insert—

• “and section 3 (clarifying amendments) of the Update Bulletin entitled “Charities SORP FRS 102 Update Bulletin 2”, published by the Chartered Institute of Public Finance and Accountancy, London, in 2018^f2”.

In regulation 1(2), in the definition of “the SORP”, at the end insert—

• “and the Update Bulletin entitled “Charities SORP FRS 102 Update Bulletin 2”, published by the Chartered Institute of Public Finance and Accountancy, London, in 2018^f3”.

In regulation 14(3) (special case charities), for sub-paragraphs (a) and (b) substitute—

“(a)

the Statement of Recommended Practice: Accounting for further and higher education published by Universities UK, London, in 2018^f4; and

(b)

the Statement of Recommended Practice for registered social housing providers, published by the National Housing Federation, UK, in 2018^f5.”