Charities Act 2022 Implementation
17 Apr 2023 by Karen Tuckley
- Charities Act 2022
- News and Events
In February the Charities Act 2022 was passed. The first phase of implementation started in October 2022, and the next phase begins this spring.
Key changes coming into force soon include the following:
- changes to the sale, leasing or other disposal of land. It will become easier to dispose of charity land as a wider range of people will be able to advise trustees,
- New statutory powers will come into effect for charities with a permanent endowment which will change how charities can spend or borrow against their endowment,
- The Commission will gain powers to stop charities using names that are too similar to other organisations, or are offensive misleading,
- the definition of ‘connected persons’ will be updated and clarified.
To read the full Charities Act 2022 implementation plan please click here