138(1)Section 45 (annual reports) is amended as follows.E+W
(2)In subsection (2)(b) for “the Commissioners” substitute “ the Commission ”.
(3)In subsection (3)—
(a)for the words from “in any” to “expenditure” substitute “ a charity's gross income in any financial year ”,
(b)before “the annual report” insert “ a copy of ”, and
(c)for “the Commissioners” (in both places) substitute “ the Commission ”.
(4)In subsection (3A)—
(a)for the words from “in any” to “exceeds” substitute “ a charity's gross income in any financial year does not exceed ”,
(b)before “the annual report” insert “ a copy of ”,
(c)for “the Commissioners so request, be transmitted to them” substitute “ the Commission so requests, be transmitted to it ”, and
(d)for “the Commissioners” (in the second place) substitute “ the Commission ”.
(5)In subsection (4)—
(a)for “annual report transmitted to the Commissioners” substitute “ copy of an annual report transmitted to the Commission ”, and
(b)before “the statement”, and before “the account and statement”, insert “ a copy of ”.
(6)In subsection (5) before “annual report” insert “ copy of an ”.
(7)In subsection (6)—
(a)after “Any” insert “ copy of an ”,
(b)for “the Commissioners” (in both places) substitute “ the Commission ”, and
(c)for “they think fit” substitute “ it thinks fit ”.
(8)In subsection (7) for the words from “which they have not” onwards substitute “ of which they have not been required to transmit a copy to the Commission. ”
(9)In subsection (8) for “in subsection (3)” substitute “ to subsection (3) ”.
Commencement Information
I1Sch. 8 para. 138 in force at 27.2.2007 by S.I. 2007/309, art. 2, Sch. (with art. 9)