---
title: "The School Companies (Amendment) Regulations 2014"
id: 9be79c5a-8c5c-4b9b-97bd-a52973896e35
authority: uk
place: "United Kingdom"
applies_also_from: []
kind: regulation
in_force: true
publisher_url: https://www.legislation.gov.uk/uksi/2014/2923
attribution: "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
solon_url: https://solon.orangecat.ch/law/9be79c5a-8c5c-4b9b-97bd-a52973896e35
language: en
in_force_from: 2014-12-01
date_basis: publisher
status: consolidated
source_url: https://www.legislation.gov.uk/uksi/2014/2923/data.xml
read_on: 2026-11-10
sha256: 952f85dcf6470b25494b84e752891c3154e7d554edade5bb09dbba0a548dad79
provisions: 3
---

# The School Companies (Amendment) Regulations 2014

## Title and introductory text {#prelims}

2014 No. 2923
Education, England
The School Companies (Amendment) Regulations 2014
Made
5th November 2014
Laid before Parliament
7th November 2014
Coming into force
1st December 2014
The Secretary of State for Education makes the following Regulations in exercise of the powers conferred by sections 12 and 210(7) of the Education Act 2002.

## 1 Citation and commencement {#regulation-1}

These Regulations may be cited as the School Companies (Amendment) Regulations 2014 and come into force on 1st December 2014.

## 2 Amendment to the School Companies Regulations 2002 {#regulation-2}

(1) The School Companies Regulations 2002 are amended as follows.
(2) For regulation 28, substitute—
Accounting and notification requirements of school companies
28 (1) Where a school company is exempt, under section 477 of the Companies Act 2006, from the requirements of that Act relating to the audit of accounts for a given financial year, its accounts for that year must be examined by an independent examiner.
(2) In paragraph (1), an “independent examiner” means an independent person who the members of the school company reasonably believe has the necessary ability and experience to examine its accounts competently and who is—
(a) a Fellow of the Association of Charity Independent Examiners, or
(b) a member of one of the bodies listed in section 145(4) of the Charities Act 2011.
(3) A school company must provide a copy of its accounts for each financial year, whether those accounts are audited under the Companies Act 2006 or examined in accordance with paragraph (1), to its supervising authority within four months after the end of that financial year.
(4) Within 28 days after a local authority becomes a school company’s supervising authority, the company must provide it with a copy of its constitution.
(5) A school company must, within 28 days after any changes are made to its constitution, provide a copy of its amended constitution to its supervising authority and notify the authority of the date on which the changes took effect.
.