This autumn, the first set of changes introduced by the new Charities Act 2022 will come into force.
· a new power that trustees can use to be paid for providing goods to the charity
· a new power to enable trustees to process certain ‘ex gratia’ payments – where they reasonably feel a moral obligation – without coming to the Commission (financial thresholds will apply)
· where fundraising appeals do not raise enough money, or too much, simpler and more proportionate rules will app
Other provisions included in the Act will make it more straightforward for charities to change their governing documents, grant more flexibility in using ‘permanent endowment funds’ and allow greater flexibility around the advice needed when selling land. These will come into force next year.
For more information about the changes being introduced under the Charities Act 2022 click here.