Part 8Charity accounts, reports and returns
CHAPTER 5Powers to set financial thresholds
176Larger groups: “relevant income threshold” and “relevant assets threshold”
(1)
The reference to the relevant income threshold in paragraph (a) or (b) of section 151(1) is a reference to the sum prescribed as the relevant income threshold for the purposes of that paragraph.
(2)
The reference to the relevant assets threshold in paragraph (b) of section 151(1) is a reference to the sum prescribed as the relevant assets threshold for the purposes of that paragraph.
(3)
“Prescribed” means prescribed by regulations made by the F1Secretary of State.