Article 3 Amendment of the 2011 Act

(1)

The 2011 Act is amended as follows.

(2)

In section 70 (restrictions on Commission’s concurrent jurisdiction), in subsection (3), in the words before paragraph (a), for “£500” substitute “£1,000”.

(3)

In section 133 (account and statement an option for lower-income charities), in the words before paragraph (a), for “£250,000” substitute “£500,000”.

(4)

In section 144 (audit of accounts of larger charities)^f1, in subsection (1)—

(a)

in paragraph (a), for “£1 million” substitute “£1.5 million”;

(b)

in paragraph (b), for “£3.26 million” substitute “£5 million”.

(5)

In section 145 (examination of accounts an option for lower-income charities)^f2—

(a)

in subsection (1), in the words before paragraph (a), for “£25,000” substitute “£40,000”;

(b)

in subsection (3), in the words before paragraph (a), for “£250,000” substitute “£500,000”.

Annotations

Footnotes

f1: Section 144(1)(a) was amended by S.I. 2015/321.
f2: There are amendments to section 145, but none is relevant.