The Charities (Protection and Social Investment) Act 2016 (the Act) has been hailed as "part of a big reform programme for charities and social enterprises" by Rob Wilson, the Minister for Civil Society. We explained the background to the Act and its development in our briefing in August 2015. The Act received Royal Assent on 16 March 2016; in this article we set out its key provisions and highlight points for charities to note.
The Act has widened the Charity Commission's regulatory powers in a number of ways, notably extending its powers to suspend, remove or disqualify charity trustees. The Act also responds to current trends and concerns in the sector, by including new provisions around charity fundraising and granting a new power to charities to make social investments.
Please click here to read the briefing in full.
If you require further information on anything covered in this briefing please contact Elen Griffiths or your usual contact at the firm on 020 3375 7000. Further information can also be found on the Charities page on our website.
This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.
© Farrer & Co LLP, May 2016