Law Commission publishes paper as part of project on Charity Law
Law Commission publishes paper as part of project on Charity Law
After publishing the first part of its review in September 2014 (which largely covered social finance), the Law Commission covered the remainder of the issues in a 300-page document released on 20th March. The majority of the areas reviewed follow directly from the issued raised by Lord Hodgson during his review of the Charities Act 2006. The suggestions include:
- Giving charities more flexibility to spend permanent endowment;
- Reducing the obligations on a charity when selling charity property;
- Making it easier for charities established by Royal Charter to amend their Constitutions;
- Extending the ability of charities to pay trustees for the supply of goods (as well as services); and
- Dealing with legacies where a charity has merged.
It is unclear which of these suggestions will make it into future legislation. The Charity Law Association has set up a working party on the new paper to respond to the thorough and extensive consultation. Consultation on the law Commission’s proposals is open until 3rd July 2015. To respond to the consultation, download the response form here.
For additional information or to discuss your requirements with one of our charity law team, call us today on 01895 207809 or email charities@ibblaw.co.uk.
