# The Charities Acts 1992 and 1993 (Substitution of Sums) Order 2009, Note: Explanatory note

Extent: E+W

(This note is not part of the Order)
This Order amends the Charities Act 1992 (“the 1992 Act”) and the Charities Act 1993 (“the 1993 Act”) by substituting the sums specified in the Order. The effect of the Order is to increase the financial thresholds which trigger some of the regulatory requirements applying to charities.
Article 3 changes the definition of “professional fund-raiser” in section 58 of the 1992 Act by increasing the applicable remuneration threshold.
Article 4 amends section 60 of the 1992 Act to reflect the change made by article 6.
Article 5 amends section 60B of the 1992 Act by increasing the remuneration threshold below which lower paid collectors are excluded from the provisions of section 60A by the 1992 Act.
Article 6 amends section 61 of the 1992 Act by increasing the minimum donation entitling donors to cancel payments or agreements made in response to appeals.
Article 8 amends section 40 of the 1993 Act by increasing the consideration up to which a charity can recover the costs of proving title to a rentcharge.
Article 9 amends section 42 of the 1993 Act by increasing the amount of gross income in any financial year at or below which a charity may elect to prepare a receipts and payments account and a statement of assets and liabilities instead of a statement of accounts.
Article 10 amends section 43 of the 1993 Act by increasing the asset threshold which applies for the purpose of determining whether a charity is required to have its accounts audited and by increasing the amount of gross income in any financial year beyond which a charity is required to have its accounts independently examined or audited.
Article 11 amends section 45 of the 1993 Act by increasing the level of gross income in any financial year above which a charity is required to submit its annual report and accounts to the Charity Commission.
Articles 12 to 16 make transitional provisions and savings.
Article 17 revokes the provisions of the Charities Act 1993 (Substitution of Sums) Order 1995 (S.I. 1995/2696) rendered obsolete by this Order.
A full impact assessment of the effect that this Order will have on the costs of business and the voluntary sector is available from the Office of the Third Sector, 2nd Floor, Admiralty Arch, South Side, The Mall, London SW1A 2WH (020 7276 6028) and is annexed to the Explanatory Memorandum which is available alongside this Order on the OPSI website (http://www.opsi.gov.uk).

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Source: https://www.legislation.gov.uk/uksi/2009/508/note (the official version)
Page: https://openlegislation.uk/charities-acts-1992-and-1993-substitution-of-sums-order-2009/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.