1 Citation, commencement and application
1 These Regulations may be cited as the Charities Accounts (Scotland) Amendment Regulations 2014 and come into force on 1st January 2015.
2 These Regulations do not apply to any accounts covering a financial year which begins before 1st January 2015.

Amendments to the Charities Accounts (Scotland) Regulations 2006
2 The Charities Accounts (Scotland) Regulations 2006 are amended as follows.
S.S.I. 2006/218; as relevantly amended by S.S.I. 2007/136, paragraph 35 of Schedule 1 to S.I. 2008/948 and S.S.I. 2010/287.
3 In regulation 1(2) (interpretation) for the definition of “the SORP”, after “means” to the end of this definition substitute—

“either—
(a) the Statement of Recommended Practice for Accounting and Reporting by Charities in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE), issued by the Charity Commission and OSCR on 22nd May 2014; or
(b) the Statement of Recommended Practice for Accounting and Reporting by Charities in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), issued by the Charity Commission and OSCR on 22nd May 2014;”

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4 In regulation 14(3) (special case charities)—
(a) for sub-paragraphs (a) and (b) substitute—

“(a) the Statement of Recommended Practice for Further and Higher Education issued by Universities UK on 26th March 2014; and
(b) the Statement of Recommended Practice: Accounting for registered social housing providers issued by the National Housing Federation on 22nd September 2014.”

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JOHN SWINNEY A member of the Scottish Government St Andrew’s House, Edinburgh 5th November 2014