Charities Act |
Charities (Large Charities) Regulations 2007 |
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Citation and commencement |
1. These Regulations may be cited as the Charities (Large Charities) Regulations 2007 and shall come into operation on 1st May 2007. |
Definitions |
2. In these Regulations, unless the context otherwise requires —
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Application |
Minimum number of charity trustees |
4.—(1) A large charity shall have not fewer than 10 charity trustees.
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Audit of financial statements |
5.—(1) A large charity shall cause its financial statements to be audited by an auditor who has been approved by the Sector Administrator.
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Offences |
6. Any large charity that contravenes any provision of these Regulations shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $100 for every day or part thereof during which the offence continues after conviction. |
Made this 27th day of April 2007.
Permanent Secretary, Ministry of Community Development, Youth and Sports, Singapore. |
[MCYS 19-01-05 V3; AG/LRRD/17/2006/4] |
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