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18. In this Schedule—
(a)“appointed day” means the day appointed for the commencement of section 11(3) of the Charities Act 2006;
(b)“current financial year” means, in relation to a charity, a financial year which—
(i)began before the appointed day; but
(ii)ends on or after that day;
(c)“financial year” has the meaning given by section 97(1) of the 1993 Act;
(d)“formerly exempt charity” means a charity which—
(i)ceased to be an exempt charity, on the appointed day, or
(ii)is one of a particular description of charities which ceased to be exempt charities on that day,
by virtue of a provision of this Order;
(e)“new exempt charity” means a charity which becomes an exempt charity, on or after the appointed day, by virtue of article 2(7) of this Order;
(f)“principal regulator” has, in relation to an exempt charity, the meaning given by section 13 of the Charities Act 2006.
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