Law

The School Companies (Amendment) Regulations 2014

United Kingdom · regulation

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In force since 2014-12-01, as the publisher states.

Copy read on 2026-11-10. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 3 provisions
  1. Title and introductory text
  2. 1 Citation and commencement
  3. 2 Amendment to the School Companies Regulations 2002

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3 provisions

Title and introductory text

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.

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1 Citation and commencement

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

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2 Amendment to the School Companies Regulations 2002

(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. .

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