Daniel Lennox FMAAT
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View all peoplePublished by Daniel Lennox on 22 June 2022
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In late February this year, the Charities Bill received Royal Assent, and was passed into law, as the Charities Act 2022.
The Charities Act is aimed at providing charities with greater freedoms and a broader range of powers to manage their assets and activities, making the day-to-day lives of trustees easier, by providing them with greater opportunity to maximise the service delivery that their charities offer. As is usually the case with these types of Bills being passed, the changes are of course largely technical, but they are designed to make a positive, practical difference to charities, and to the Charity Commission itself as the regulator.
Unfortunately, Royal Assent is not the end of the process for such legislation being passed, in fact it merely marks the beginning of the next stage of hard work, as it now falls on the Charity Commission to implement many of the legislative changes. Their aim is to activate the new provisions as quickly as possible, whilst giving charities (and others that will be affected by the Act) time to properly prepare for any changes that will affect them. To do this they have set out a three-phased implementation plan, with changes coming in Autumn 2022, Spring 2023 and Autumn 2023 will see the final raft of changes put into action.
The Charity Commission will certainly have a busy 15 months or so ahead to make all the changes necessary to see the Act implemented and the right guidance in place. For the sector, it should in most cases be a much gentler transition and should be seen as a positive step in the charity world, providing increased flexibility, and hopefully an easier life for charities and their trustees, to focus on the incredible work that they do for so many people.
For greater detail as to what will be brought into place at each implementation stage click here, or contact us here.
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