Very small restricted funds: simplified procedure
This section has no associated Executive Note
9.—(1) On receipt of an application under section 43A of the 2005 Act as regards very small restricted funds, OSCR may apply a simplified procedure to the application.
(2) Where OSCR applies a simplified procedure—
(a)OSCR must write to the charity to confirm that a simplified procedure will be applied to the application, within 14 days of the date of receipt of the application; and
(b)regulations 5, 7 and 8 do not apply to the application.
(3) Under the simplified procedure, OSCR must—
(a)make a decision on the application within 13 weeks of receipt of the application; and
(b)send a copy of its decision to the charity within 7 days of the date of the decision being made.