The Charities Act 1993 (Substitution of Sums) Order 1995

• Citation: S.I. 1995/2696
• Sections: 2

Section 1

(1) This Order may be cited as the Charities Act 1993 (Substitution of Sums) Order 1995.

(2) This article and paragraphs (1) and (2) of article 2 of this Order shall come into force on 1st December 1995 and paragraphs (3) and (4) of article 2 of this Order shall come into force on 1st March 1996.

Section 2

(1) The Charities Act 1993 shall be amended in accordance with the following provisions of this article.

(2) In subsection (1) of section 5 (status of registered charity (other than small charity) to appear on official publications etc. ), for the sum of £5,000 there shall be substituted the sum of £10,000.

(3) In subsection (3) of section 42 (annual statements of accounts), for the sum of £25,000 there shall be substituted the sum of £100,000.

(4) In subsection (1) of section 43 (annual audit or examination of charity accounts), for the sum of £100,000 there shall be substituted the sum of £250,000.