
1 

(1) These Regulations may be cited as the Charities Accounts (Scotland) Amendment (No. 2) Regulations 2014 and come into force on 1st January 2015.
(2) These Regulations do not apply to any accounts covering a financial year which begins before 1st January 2015.
2 
The Charities Accounts (Scotland) Regulations 2006 are amended as follows.
3 
In regulation 1(2) (interpretation) for the definition of “the SORP”, after “means” to the end of this definition substitute—“either—
(a) the Statement of Recommended Practice entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE)” published by the Chartered Institute of Public Finance and Accountancy, London, in 2014; or
(b) the Statement of Recommended Practice entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)”, published by the Chartered Institute of Public Finance and Accountancy, London, in 2014;”.
4 
In regulation 14(3) (special case charities), for sub-paragraphs (a) and (b) substitute—“
(a) the Statement of Recommended Practice: Accounting for further and higher education, published by Universities UK, London, in 2014”; and
(b) the Statement of Recommended Practice for registered social housing providers, published by the National Housing Federation, UK, in 2014.”.
5 
The Charities Accounts (Scotland) Amendment Regulations 2014 are revoked.
ALEX NEIL
A member of the Scottish Government
St Andrew’s House,
Edinburgh
26th November 2014