2 Interpretation
In these Regulations—
“the 2005 Act” means the Charities and Trustee Investment (Scotland) Act 2005;
“donor” has the meaning specified in regulation 3;
“gross annual income” means the gross annual income of the charity as shown in the charity’s most recent statement of account;
“large restricted funds” means restricted funds which comprise property of more than £1 million or have a gross annual income of more than £100,000;
“restricted funds” has the meaning given in section 43D of the 2005 Act;
“small restricted funds” means restricted funds which comprise property of £1 million or less and have a gross annual income of £100,000 or less; and
“very small restricted funds” means small restricted funds which do not include any heritable property or shares in a private limited company, and with a gross annual income of less than £1,000.