Paragraph 18 Interpretation

In this Schedule—

(a)

“appointed day” means the day appointed for the commencement of section 11(3) of the Charities Act 2006;

(b)

“current financial year” means, in relation to a charity, a financial year which—

(i)

began before the appointed day; but

(ii)

ends on or after that day;

(c)

“financial year” has the meaning given by section 97(1) of the 1993 Act;

(d)

“formerly exempt charity” means a charity which—

(i)

ceased to be an exempt charity, on the appointed day, or

(ii)

is one of a particular description of charities which ceased to be exempt charities on that day,

by virtue of a provision of this Order;

(e)

“new exempt charity” means a charity which becomes an exempt charity, on or after the appointed day, by virtue of article 2(7) of this Order;

(f)

“principal regulator” has, in relation to an exempt charity, the meaning given by section 13 of the Charities Act 2006.