SCHEDULES

Prospective

2In section 8 (receipt and audit of accounts of charities)—

(a)omit subsections (1) and (2);

(b)in subsection (3), for “that the condition and accounts of a charity” substitute “ , in the case of a charity which is a company, that the condition and accounts of the charity ”;

(c)in subsection (4)(b), for “servant” substitute “ employee ”;

(d)in subsection (6), omit paragraph (a); and

(e)omit subsection (7).

Prospective

9In section 22 (common investment schemes)—

(a)omit subsection (6); and

(b)in subsection (9), omit the words from “, and the” to “endowment” (where last occurring).

Prospective

13In section 32 (general obligation to keep accounts)—

(a)in subsection (2)—

(i)for “seven” substitute “ six ”, and

(ii)for “permit them to be” substitute “ consent in writing to their being ”; and

(b)for subsection (3) substitute—

“(3)This section applies only to exempt charities.”

Prospective

17In section 43 (regulations), after subsection (2) insert—

“(2A)Any regulations under this Act may make—

(a)different provision for different cases;

(b)such supplemental, incidental, consequential or transitional provision or savings as the person or persons making them considers or consider appropriate.”