Charity trustees: it’s your decision
The new guidance explains in detail how charity trustees should approach making decisions affecting their charity. The Commission highlights that, while it does not expect trustees to follow the guidance step by step for minor decisions, it should be followed when trustees make significant or strategic decisions (i.e. ones that affect beneficiaries or assets). This guidance applies to trustees of all charities, whether registered or unregistered, including corporate charity trustees.
When making decisions, all trustees must act within their powers; act in good faith; act in the interests of the charity; make sure they are sufficiently informed, taking account of all relevant factors; manage conflicts of interest; and make decisions that are within the range of decisions that a reasonable trustee body could make…
If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
Ofgem and DECC have jointly published an action plan of measures to encourage the growth of independent energy suppliers.
The Finance Act 2014 will change the economics of using tax avoidance schemes by requiring payment of disputed tax upfront in cases involving numerous marketed tax management schemes,
Analysis from The Lawyer
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.
New EU rules and lawyers’ increased comfort with digital formats are sparking a sea-change in the way law firms manage their documents