Part IIE+W Provisions Applying Pending Coming Into Force of “Financial Year” Regulations
Section 5E+W
In section 5(1) of this Act “financial year”—
(a)in relation to a charity which is a company, shall be construed in accordance with section 223 of the M1Companies Act 1985;
(b)in relation to any other charity, means any period in respect of which an income and expenditure account is required to be prepared whether under section 32 of the M2Charities Act 1960 or by or under the authority of any other Act, whether that period is a year or not.
Sections 74 and 75E+W
In sections 74(1)(a) and 75(1)(b) of this Act “financial year” means any period in respect of which an income and expenditure account is required to be prepared whether under section 32 of the Charities Act 1960 or by or under the authority of any other Act, whether that period is a year or not.