Commentary

40 Schemes under the Charities Act 2011

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

40 Schemes under the Charities Act 2011

| Commentary

40 Schemes under the Charities Act 2011

A scheme may be made by the court or the Charity Commission whereby the governing instrument of the charity is amended and provision made for the more effective use of the funds of a charity, or where a charity has failed to ensure that the funds continue to be devoted to charitable purposes for the benefit of the public1. Although it is the policy of the Charity Commission to establish no more such schemes in the original form, the Charities Act 20112 technically allows a common investment fund or a common deposit fund

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