120Notice
This section has no associated Explanatory Notes
(1)As soon as is reasonably practicable after registering or de-registering a body the regulator shall notify—
(a)in the case of a registered charity, the Charity Commission,
(b)in the case of an industrial and provident society, the Financial Services Authority, and
(c)in the case of a registered company (whether or not also a registered charity), the registrar of companies for England and Wales.
(2)A notice of registration shall specify whether the person registered is designated as a non-profit or profit-making organisation.
(3)If the designation changes, the regulator shall notify any person notified of the registration.
(4)A person to whom notice is given under this section must keep a record of it.