Section 139 Charity: extraordinary auditI1

(1)

This section applies where, in accordance with section 136(3), a charity appoints a reporting accountant to prepare a report in respect of any accounts.

(2)

The regulator may require the charity to—

(a)

cause a qualified person to audit the accounts and prepare a report on them in accordance with section 137, and

(b)

send a copy of the report to the regulator by a specified date.

(3)

A requirement under subsection (2) may be imposed only during the period of account following the period to which the accounts relate.

(4)

In this section—

“period of account” has the meaning given by section 135(5), and
“qualified person” has the meaning given by section 136(7).

Annotations

Commencement

I1: S. 139 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)

Notes on Part 2

Modifications

C1: Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)