This Scottish Statutory Instrument has been made in consequence of defects in S.S.I. 2014/295 and is being issued free of charge to all known recipients of that Instrument.
2014 No. 335
The Charities Accounts (Scotland) Amendment (No. 2) Regulations 2014
Made
Laid before the Scottish Parliament
Coming into force
The Scottish Ministers make the following Regulations in exercise of the powers conferred by section 44(4) and (5) of the Charities and Trustee Investment (Scotland) Act 20051 and all other powers enabling them to do so.
Citation, commencement and application1
1
These Regulations may be cited as the Charities Accounts (Scotland) Amendment (No. 2) Regulations 2014 and come into force on 1st January 2015.
2
These Regulations do not apply to any accounts covering a financial year which begins before 1st January 2015.
Amendments to the Charities Accounts (Scotland) Regulations 2006
2
The Charities Accounts (Scotland) Regulations 20062 are amended as follows.
3
In regulation 1(2) (interpretation) for the definition of “the SORP”, after “means” to the end of this definition substitute—
either—
a
the Statement of Recommended Practice entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE)” published by the Chartered Institute of Public Finance and Accountancy, London, in 20143; or
b
the Statement of Recommended Practice entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)”, published by the Chartered Institute of Public Finance and Accountancy, London, in 20144;
4
In regulation 14(3) (special case charities), for sub-paragraphs (a) and (b) substitute—
Revocation of the Charities Accounts (Scotland) Amendment Regulations 20145
The Charities Accounts (Scotland) Amendment Regulations 20147 are revoked.
(This note is not part of the Regulations)