48 Annual returns by registered charities.E+W
(1)[F1Subject to subsection (1A) below,] Every registered charity shall prepare in respect of each of its financial years an annual return in such form, and containing such information, as may be prescribed by regulations made by [F2the Commission].
[F3(1A)Subsection (1) above shall not apply in relation to any financial year of a charity in which [F4the charity's gross income does not exceed] £10,000.]
(2)Any such return shall be transmitted to [F5the Commission] by the date by which the charity trustees are, by virtue of section 45(3) above, required to transmit [F6to the Commission] the annual report required to be prepared in respect of the financial year in question.
(3)[F7The Commission] may dispense with the requirements of subsection (1) above in the case of a particular charity or a particular class of charities, or in the case of a particular financial year of a charity or of any class of charities.
[F8(4)The [F9Minister] may by order amend subsection (1A) above by substituting a different sum for the sum for the time being specified there.]
Textual Amendments
F1Words in s. 48(1) inserted (3.11.1994) by 1994 c. 40, ss. 30(2), 82(3)(b)
F2Words in s. 48(1) substituted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 8 para. 141(2); S.I. 2007/309, art. 2, Sch.
F3S. 48(1A) inserted (3.11.1994) by 1994 c. 40, ss. 30(3), 82(3)(b)
F4Words in s. 48(1A) substituted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 8 para. 141(3); S.I. 2007/309, art. 2, Sch. (with art. 10)
F5Words in s. 48(2) substituted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 8 para. 141(4)(a); S.I. 2007/309, art. 2, Sch.
F6Words in s. 48(2) substituted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 8 para. 141(4)(b); S.I. 2007/309, art. 2, Sch.
F7Words in s. 48(3) substituted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 8 para. 141(5); S.I. 2007/309, art. 2, Sch.
F8S. 48(4) inserted (3.11.1994) by 1994 c. 40, ss. 30(4), 82(3)(b)
F9Word in s. 48(4) substituted (13.12.2006) by Transfer of Functions (Third Sector, Communities and Equality) Order 2006 (S.I. 2006/2951), art. 1(2), Sch. para. 4(u)