In the trade
James Sinclair Taylor and Andrew Studd summarise the recent Companies Act 2006 changes affecting charities
As reported in Caritas, issue 23, October 2009, a number of changes became law under the Companies Act 2006 from 1 October 2009. It is imperative that trustees of charitable companies, trustees of unincorporated charities considering incorporation and directors of trading subsidiaries owned by charities are aware of the following main changes and the implications that such changes can have on the companies, their governing documents and the trustees’ duties. Some of these changes are changes in law while others are operational changes at Companies House and this article provides a non-exhaustive summary for charities.
Author: James Sinclair-Taylor
James Sinclair Taylor is a partner at Russell-Cooke and heads up the charities team.
He acts for a broad range of charities and also advises other not for profit organisations including local authorities and educational establishments.
He is a member of the Charity Law Association and co-author of the Voluntary Sector Legal Handbook.
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Author: Andrew Studd
Andrew Studd is a partner in Russell-Cooke's charity team who specialises in advising charities, social enterprises, trade associations and other membership and not-for-profit organisations on a wide range of charity and company law issues, constitutional and governance matters, commercial contracts, mergers and incorporations, joint ventures and reorganisations.
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