Citation, commencement and application
1.—(1) These Regulations may be cited as the Charities Accounts (Scotland) Amendment Regulations 2016 and come into force on 1st April 2016.
(2) These regulations do not apply to any accounts covering a financial year which begins before 1st January 2016.
Amendments to the Charities Accounts (Scotland) Regulations 2006
2.—(1) Regulation 1(2) (interpretation) of the Charities Accounts (Scotland) Regulations 2006(1) is amended as follows.
(2) In the definition of “registered social landlord”, for the words from “means” to the end substitute—
“means—
a body included in the register kept under section 20(1) of the Housing (Scotland) Act 2010(2);
a private registered provider of social housing or a subsidiary or associate of such a provider, as defined in Part 2 of the Housing and Regeneration Act 2008(3);
a social landlord registered in the register maintained under section 1(1) of the Housing Act 1996(4) or a subsidiary or associate of such a person as defined in that Act(5);
a housing association registered in the register maintained under Article 14 of the Housing (Northern Ireland) Order 1992(6).”.
(3) In the definition of “the SORP”, for the words from “either” to the end substitute—
“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 2014(7) as read with the Update Bulletin entitled “Charities SORP FRS 102 Update Bulletin”, published by the Chartered Institute of Public Finance and Accountancy, London, in 2016;”.
ALEX NEIL
A member of the Scottish Government
St Andrew’s House,
Edinburgh
2nd February 2016