Part ICharities
Charity accounts
24Special provision as respects accounts and annual reports of exempt and other excepted charities
1
Nothing in sections 19 to 23 applies to any exempt charity; but section 32(1) and (2) of the 1960 Act (general obligation to keep accounts) shall continue to apply to any such charity.
2
Nothing in sections 21 to 23 applies to any charity which—
a
falls within section 4(4)(c) of the 1960 Act (certain charities with an annual income not exceeding £1,000), and
b
is not registered.
3
Except in accordance with subsection (6) below, nothing in section 23 applies to any charity (other than an exempt charity or a charity which falls within section 4(4)(c) of the 1960 Act) which—
a
is excepted by section 4(4) of that Act (charities not required to be registered), and
b
is not registered.
4
If requested to do so by the Commmissioners, the charity trustees of any such charity as is mentioned in subsection (3) above shall prepare an annual report in respect of such financial year of the charity as is specified in the Commissioners' request.
5
Any report prepared under subsection (4) above shall contain—
a
such a report by the charity trustees on the activities of the charity during the year in question, and
b
such other information relating to the charity or to its trustees or officers,
as may be prescribed by regulations made under section 23(1) in relation to annual reports prepared under that provision.
6
Subsections (3) to (6) of section 23 shall apply to any report required to be prepared under subsection (4) above as if it were an annual report required to be prepared under subsection (1) of that section.
7
Any reference in this section to a charity which falls within section 4(4)(c) of the 1960 Act includes a reference to a charity which falls within that provision but is also excepted from registration by section 4(4)(b) of that Act (charities excepted by order or regulations).