Q&As

Where a charitable trust has been created by a company which no longer wishes to have anything to do with it does a deed of appointment of new trustees require that company to be a party?

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Published on LexisPSL on 06/10/2016

The following Private Client Q&A provides comprehensive and up to date legal information covering:

  • Where a charitable trust has been created by a company which no longer wishes to have anything to do with it does a deed of appointment of new trustees require that company to be a party?
  • Appointment of new trustees
  • Retirement of trustees
  • Removal of trustees
  • Parties to deed

Where a charitable trust has been created by a company which no longer wishes to have anything to do with it does a deed of appointment of new trustees require that company to be a party?

Appointment of new trustees

Vacancies among trustees should be filled by those most likely to be best at carrying out the duties imposed by the trust. All trustees must be appointed in accordance with the provisions for this set out in the charity’s constitution. As there are a number of forms of a constitution that could be used, close attention to the detail must be observed.

Depending on the circumstances of the charity, trustees may be appointed under express powers in the charity’s instrument or scheme, by statutory powers, or by the

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