Charity accounts
I110Preservation of and access to charity accounts and independent reports on accounts
1
The 2005 Act is modified as follows.
2
In section 44 (accounts)—
a
in subsection (1)—
i
after paragraph (c), insert—
ca
have the independent examiner or auditor make a report in respect of the examination or (as the case may be) audit (an “independent report on accounts”),
ii
in paragraph (d), for the words “such examination or audit, send a copy of the” substitute “the independent report on accounts has been made, send a copy of the report and”
,
b
after subsection (4) insert—
4A
Regulations under subsection (4) must be framed so that a charity is not required to include any information in its statement of account that is excluded from its entry in the Register under section 3(4).
3
After section 45A (inserted by section 12(4)), insert—
Access to charity accounts
45BPublic access to charity accounts kept by OSCR
1
OSCR must—
a
keep any copy of a statement of account and independent report on accounts sent to it under section 44(1)(d) for at least 5 years from the end of the financial year to which the document relates, and
b
during the period for which the copy is so kept, make it available for public inspection—
i
at all reasonable times at its principal office,
ii
at such other places as it thinks fit, and
iii
otherwise as it thinks fit.
2
It is for OSCR to determine the manner in which copies of statements of account and independent reports on accounts are made available.
3
OSCR must publicise the arrangements which it makes in pursuance of subsection (1)(b).