16 March 2022
The Charities Act 2022 received Royal Assent on 24 February―the culmination of the Law Commission's charity law project that commenced in 2014
The Act simplifies and streamlines legal processes and allows trustees to make use of permanent endowments. Law Commissioner, Professor Nick Hopkins, Law Commissioner for Property, Family and Trust Law said: ‘The Act will help charities devote more time and money to their good causes, whilst maintaining the oversight needed to ensure public confidence.’
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