Charities are strictly regulated, governed by ever-changing rules that affect almost every type of transaction that you undertake. If you are a trustee, or responsible for governance and management, you need to be aware of these regulations and the penalties for getting it wrong.
Thrings has a long history of acting for charities, and other not-for-profit organisations, dealing with all their legal needs including applying to the Charity Commission for registration, schemes to vary existing charitable trusts, the effective use of tax exemptions, responsibilities under trust and charity law and advice on working with the Charity Commission.
Our Charities team works closely with our leading employment, commercial property, commercial disputes and probate disputes teams as well as drawing on a wide network of experts including banks, accountants, financial advisors and business consultants.
We advise on:
- Creation of charities
- Charitable trust deeds and companies limited by guarantee
- Liaising with the Charity Commission
- Considering the impact of the Charities Act 2006 and particularly the “public benefit” definition
- Addressing constitutional issues and advising on the mechanics for changing the constitution
- Acting on the sale and purchase of property and being conversant with the special rules governing property transactions involving charities
- Advising charitable trustees on their rights and duties and their exposure to third party liability
- Creating trading subsidiaries for charities