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Charities Act 1985

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This is the original version (as it was originally enacted).

5Financial limits.

(1)The Secretary of State may, if he thinks it expedient with a view to increasing the number of charities which may take advantage of the provisions of the Charities Acts specially applicable to small charities, by order in a statutory instrument, alter the money sums specified in—

(a)section 18(5) of the Act of 1960 (persons who may, in the case of small charities, apply to the Commissioners for exercise of their jurisdiction under that section), and

(b)section 3(2) of this Act, or either of those sums.

(2)The Secretary of State may, if he thinks it expedient in consequence of changes in the value of money, by order in a statutory instrument, alter the money sums specified in paragraphs (a) and (b) of section 4(1) of this Act.

(3)A statutory instrument under this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.

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