# Charities Act (Northern Ireland) 2008, Paragraph 7


(1) This paragraph applies where—
(a) group accounts are prepared for a financial year of a parent charity under paragraph 3(2), and
(b) paragraph 6 does not apply in relation to that year.
(2) If this paragraph applies in relation to a financial year of a parent charity, subsections (3) to (9) of section 65 shall apply in relation to the group accounts for that year as they apply in relation to the accounts of a charity for a financial year in relation to which subsection (2) of that section does not apply, but subject to the modifications in sub-paragraph (3) below.
(3) The modifications are—
(a) any reference to the charity trustees of the charity is to be construed as a reference to the charity trustees of the parent charity;
(b) any reference to the charity's gross income in the financial year in question is to be construed as a reference to the aggregate gross income of the group in that year; and
(c) any reference to the funds of the charity is to be construed as a reference to the funds of the parent charity.
(4) If the group accounts for a financial year of a parent charity are to be examined or audited in accordance with section 65(3) (as applied by sub-paragraph (2) above), section 65(3) shall apply in relation to the parent charity's own accounts for that year (whether or not it would otherwise so apply).

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Source: https://www.legislation.gov.uk/nia/2008/12/schedule/6/paragraph/7 (the official version)
Page: https://openlegislation.uk/charities-act-northern-ireland-2008/schedule-6/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.