Regulation 12 Audit exemption for charities which are companies
Where a charity which is a company has prepared an accountant’s report in terms of sections 249A, 249B, 249C and 249D of the Companies Act 1985f1, it is not required to have its statement of account audited under regulation 10 or independently examined under regulation 11 of these Regulations, if it has sent a copy of that accountant’s report to OSCR.