5.—(1) Subject to paragraphs (2) to (4), these Regulations apply in respect of a financial year of a charity which begins on or after 1st January 2016.
(2) Nothing in these Regulations applies in respect of a financial year of a charity which began before its registration in the register.
(3) Parts 2 to 4 do not apply to a charity which is a grant-aided school;
(4) Parts 2 and 3 do not apply to a charity which is—
(a)a body to which Article 91 of the Health and Personal Social Services (Northern Ireland) Order 1972(1) applies;
(b)the governing body of an institution of further education (within the meaning given in Article 2(2) of the Further Education (Northern Ireland) Order 1997).
S.I. 1972/1265 (N.I. 14); Article 91 was substituted by Article 6 of S.I. 2003/418 (N.I. 5) and amended by paragraph 1(1)(a) and (d) of Schedule 6 to the Health and Social Care (Reform) Act (Northern Ireland) 2009 (c. 1) (N.I.)