# Charities Act 2011, Section 176: Larger groups: “relevant income threshold” and “relevant assets threshold”

Extent: E+W

(1) The reference to the relevant income threshold in paragraph (a) or (b) of section 151(1) is a reference to the sum prescribed as the relevant income threshold for the purposes of that paragraph.
(2) The reference to the relevant assets threshold in paragraph (b) of section 151(1) is a reference to the sum prescribed as the relevant assets threshold for the purposes of that paragraph.
(3) “Prescribed” means prescribed by regulations made by the Secretary of State.

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Source: https://www.legislation.gov.uk/ukpga/2011/25/section/176 (the official version)
Page: https://openlegislation.uk/charities-act-2011/section-176
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.