Last week, the second tranche of updates arising from the new Charities Act 2022 came into effect, bringing about new powers for charities when seeking disposing of charity land, and flexibility for trustees when using permanent endowment.
With effect from 14 June, there is increased scope to the ways in which charities can deal with land, together with simplified legal requirements.
Additional changes include:
The Act also grants powers to the Charity commission to:
The third and final updates to the Act are due to be enacted by the end of this year include:
To hear our review of the changes and the impact they will have on the Charity sector, you can watch our webinar hosted by Niall Kingsley and delivered by Diane Johnson below.
As always if you have any questions about what the changes could mean for your organisation, you shouldn’t hesitate to get in touch.