Posted by James McNeile, Partner
On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
Regulator offers advice following the release of the Charities Act timetable
The Charity Commission has issued guidance to charities, advising them on the impact that new legislation is likely to have on the third sector.
The information was made available after the Cabinet Office published a timetable for when the various different sections of the new Charities Act are set to take effect.
Generally speaking, the new measures will come into force at three separate junctures: July 2016, October 2016 and April 2017.
The Charity Commission said that the laws would usher in a number of significant changes, following arguments that the watchdog lacked sufficient powers in a number of key areas.
However, the regulator has attempted to play down concerns about the extra burden on charities, arguing that many of the provisions will only apply to a relatively small number of organisations and re-emphasising that the rules will be introduced in stages.
One of the most contentious aspects of the new Act relates to the Commission having the power to administer official warnings. The watchdog last month launched a three-month consultation, asking for views on how this system should work in practice.
As of next April, there will also be changes to the factors that automatically prevent someone from being a charity trustee. These will be expanded to include unspent convictions for terrorism or money laundering and convictions for certain sexual offences.
A Charity Commission spokesman said: “The overall timetable that has been published will help us at the Charity Commission plan and prepare to use the new powers we have been given.
“It will also give charities and trustees the opportunity to plan for any changes that they need to make as a result of some of the new provisions.”