Sunday, May 19, 2024

Rules governing charity finance come under the spotlight at Rollits

The need for robust governance of charities will fall under the spotlight next week as experts from Rollits explore some of the issues arising from new legislation.

Gerry Morrison, Partner and Head of Charities at the firm, and her colleague Harriet Wheeldon, a Senior Solicitor in the team, expect to attract key figures from organisations of all sizes to the free seminar which will focus on the Charities Act 2022. 

Gerry said the session should also be of interest to people in business who are involved in charities. 

She said: “We’ll be looking at the legal issues coming up for charities this year and we’ll examine some case studies from recent Charity Commission investigations so people can look at lessons learned.

“We expect to be joined by charity trustees, people who are ultimately responsible for the project management of a charity, CEOs and other advisors including accountants and investment managers. Also senior staff and managers, as well as people in business who set up their own foundations or serve as trustees.”

The Charities Act 2022 arose from a bill announced as part of the Queen’s speech in May 2021 and follows a 2017 report by the Law Commission entitled “Technical Issues in Charity Law”. The first phase of implementation took place in autumn 2022 and further changes are due to come into force this year. 

One area which Gerry will focus on is the impact of the Act on land disposals by charities and the procedures involved. 

Harriet will discuss what sort of issues might attract the attention of the Charity Commission, and the circumstances which might require a charity to seek the involvement of the Charity Commission. 

The event will take place at Rollits’ head office in High Street, Hull, from 9am until 10.30am on Tuesday 21 March.

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