The Charities (Exemption from Accounting Requirements) (Scotland) Regulations 1993

• Citation: S.I. 1993/1624
• Sections: 3

Section 1 Citation and commencement

These Regulations may be cited as the Charities (Exemption from Accounting Requirements) (Scotland) Regulations 1993 and shall come into force on 28th July

Section 2 Interpretation

In these Regulations–

“the 1990 Act ” means the Law Reform (Miscellaneous Provisions) (Scotland) Act

“Scottish charitable statutory corporation” means any recognised body which is a body corporate established by statute whose accounts are required by statute to be examined and certified by the Comptroller and Auditor General;

“local authority trust” means any recognised body which is a trust for any charity, foundation, mortification or other purpose where a local authority or some members of such an authority are its sole trustees as mentioned in section 106(1)(b) of the Local Government (Scotland) Act 1973 ;

“registered housing association” means any recognised body which is a housing association as defined in section 1 of the Housing Associations Act 1985 which is registered with Scottish Homes under section 5 of that Act,

and, unless the context otherwise requires, any other expression which is used in these Regulations and which is also used in Part I of the 1990 Act, shall have the same meaning in these Regulations as in that Part.

Section 3 Exemption from accounting requirements

Any class of recognised body, which is prescribed in an entry in column 1 of the Schedule to these Regulations, shall be exempt from such of the requirements of sections 4 and 5 of the 1990 Act (relating to accounting matters) as are prescribed opposite to that entry in column 2 of that Schedule.