OpenLegislation

Paragraph 1 Inquiries under section 46 of the Act

Original text. Later amendments are not shown.

(1)

Subject to sub-paragraph (2), the Commission must not institute any inquiry under section 46 on or after 1st September 2013—

(a)

in relation to a specified exempt charity and in respect of any period beginning before that day; or

(b)

which covers any period beginning before that day and would extend to a specified exempt charity.

(2)

The Commission may, if—

(a)

a request is made by the principal regulator of a specified exempt charity; and

(b)

it considers it appropriate to do so,

institute an inquiry under section 46 of the Act on or after 1st September 2013 into that charity in respect of a relevant matter.

(3)

For the purposes of this paragraph a matter is a relevant matter if—

(a)

it initially arose before 1st September 2013 but during the current financial year of the charity; and

(b)

the Commission was not aware of it before that day.

(4)

In this paragraph—

  • “current financial year” means, in relation to a charity, a financial year—

    1. (a)

      which began before 1st September 2013; but

    2. (b)

      ends on or after that day.