Summary
The Charities Act 2022 modernises charity governance rules to give trustees more flexibility while maintaining safeguards. It simplifies rules on selling charity land, amending governing documents, spending permanent endowment, and paying trustees, based on Law Commission recommendations.
Key Points
- Simplifies consent requirements for sale of charity land (s.1-10)
- Allows trustees to borrow from permanent endowment for up to 5 years (s.11-16)
- Streamlines Charity Commission consent for changes to purposes (s.17-22)
- Clarifies ex gratia payment powers for moral obligations (s.23-27)
- Amends trustee remuneration rules to allow payment in more circumstances (s.28-31)
- Simplifies merger notification requirements (s.32-35)