29 Annual reports of charities.E+W
(1)In section 45 of the Charities Act 1993 (annual reports) in subsection (3) (automatic duty to transmit annual report to the Commissioners) for the words from the beginning to “a charity” there shall be substituted “ Where in any financial year of a charity its gross income or total expenditure exceeds £10,000, the annual report required to be prepared under this section in respect of that year ”.
(2)After that subsection there shall be inserted—
“(3A)Where in any financial year of a charity neither its gross income nor its total expenditure exceeds £10,000, the annual report required to be prepared under this section in respect of that year shall, if the Commissioners so request, be transmitted to them by the charity trustees—
(a)in the case of a request made before the end of seven months from the end of the financial year to which the report relates, within ten months from the end of that year, and
(b)in the case of a request not so made, within three months from the date of the request,
or, in either case, within such longer period as the Commissioners may for any special reason allow in the case of that report.”
(3)In subsection (4) of that section, for “any such annual report” there shall be substituted “ any annual report transmitted to the Commissioners under this section ”.
(4)In subsection (5) of that section, for “subsection (3) above” there shall be substituted “ this section ”.
(5)In subsection (6) of that section, for “subsection (3) above” there shall be substituted “ this section ”.
(6)At the end of that section there shall be inserted—
“(7)The charity trustees of a charity shall preserve, for at least six years from the end of the financial year to which it relates, any annual report prepared by them under subsection (1) above which they have not been required to transmit to the Commissioners.
(8)Subsection (4) of section 41 above shall apply in relation to the preservation of any such annual report as it applies in relation to the preservation of any accounting records (the references in subsection (3) of that section being read as references to subsection (7) above).
(9)The Secretary of State may by order amend subsection (3) or (3A) above by substituting a different sum for the sum for the time being specified there.”
(7)In section 46(7) of that Act (application of section 45(3) to (6) to annual reports under section 46(5)) after “section 45” there shall be inserted “ (as originally enacted) ”.
(8)In section 49 of that Act (penalty for persistent default in relation to certain requirements) in paragraph (a), after “45(3)” there shall be inserted “ or (3A) ”.