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 the Commissioners.
[F2(1A)Subsection (1) above shall not apply in relation to any financial year of a charity in which neither the gross income nor the total expenditure of the charity exceeds £10,000.]
(2)Any such return shall be transmitted to the Commissioners by the date by which the charity trustees are, by virtue of section 45(3) above, required to transmit to them the annual report required to be prepared in respect of the financial year in question.
(3)The Commissioners 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.
[F3(4)The Secretary of State 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)
F2S. 48(1A) inserted (3.11.1994) by 1994 c. 40, ss. 30(3), 82(3)(b)
F3S. 48(4) inserted (3.11.1994) by 1994 c. 40, ss. 30(4), 82(3)(b)