Regulation 9 Very small restricted funds: simplified procedure
(1)
On receipt of an application under section 43A of the 2005 Act as regards very small restricted funds, OSCR may apply a simplified procedure to the application.
(2)
Where OSCR applies a simplified procedure—
(a)
OSCR must write to the charity to confirm that a simplified procedure will be applied to the application, within 14 days of the date of receipt of the application; and
(b)
regulations 5, 7 and 8 do not apply to the application.
(3)
Under the simplified procedure, OSCR must—
(a)
make a decision on the application within 13 weeks of receipt of the application; and
(b)
send a copy of its decision to the charity within 7 days of the date of the decision being made.