SCHEDULEFurther modification of the 2005 Act
I112Retention of accounting records
1
Section 44 (accounts) of the 2005 Act is modified as follows.
2
In subsection (2), for “in which they are made” substitute “to which they relate”
.
3
After subsection (2), insert—
2A
Where the charity ceases to be a charity before the end of the period mentioned in subsection (2), the records must be preserved for the remainder of that period by—
a
the body which was the charity, or
b
where that body ceases to exist, a person notified to OSCR who, immediately before it ceased to exist, was—
i
a charity trustee of the charity, or
ii
where the body was not a charity at that time, concerned in the management or control of the body.
4
In subsection (3), for “Subsection (2) is” substitute “Subsections (2) and (2A) are”
.