Part 8Charity accounts, reports and returns
CHAPTER 5Powers to set financial thresholds
174Powers to alter certain sums specified in this Part
(1)
The F1Secretary of State may by order amend any provision listed in subsection (2)—
(a)
by substituting a different sum for the sum for the time being specified in that provision, or
(b)
if the provision specifies more than one sum, by substituting a different sum for any sum specified in that provision.
(2)
The provisions are—
section 133 (gross income in connection with option to prepare account and statement instead of statement of accounts);
section 144(1)(a) or (b) (gross income and value of assets in connection with requirements as to audit of larger charities);
section 145(1) (gross income in connection with option to have accounts examined instead of audited);
section 145(3) (gross income in connection with requirements as to qualifications of independent examiner);
section 163(1) or (2) (gross income in connection with requirements to transmit annual report to Commission);
section 169(2) (gross income in connection with requirement to prepare annual return).