Charities Act 2006 (c. 50)

SCHEDULES

SCHEDULE 7 Charitable incorporated organisations

Part 2 Other amendments of 1993 Act

4 In section 45 (annual reports), after subsection (3A) insert—

“(3B) But in the case of a charity which is constituted as a CIO—

(a) the requirement imposed by subsection (3) applies whatever the charity’s gross income is, and

(b) subsection (3A) does not apply.”