CC3 THE ESSENTIAL TRUSTEE WHAT YOU NEED TO KNOW PDF

The essential trustee: what you need to know, what you need to do (CC3). 1. Contents. 1. About this guidance. 2. 2. Trustees’ duties at a glance. 4. 3. Who can . The essential trustee: what you need to know, what you need to do (CC3) Charity trustees share ultimate responsibility for governing a charity and directing . It’s finally here – revamped and completely rewritten. – the Charity Commission’s new Essential Trustee guide. A key piece of guidance for charity trustees.

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The regulator’s updated guidance makes the amendment in response to sector concerns that the previous definition was not consistent with charity law. The Charity Commission has released a new version of its trustee guidance The Kno Trustee CC3which includes a change to its definition of the word “should”.

Sector bodies had raised major concerns about the tone and content of the preliminary redraft of CC3 after it was released by the commission in November — and, although several amendments made esesntial the final version have been welcomed, one lawyer said today it still represented “regulatory creep”.

Previously, good practice was explained by the guidance as “what trustees should do”. The document also included a clearer layout and links to other commission guidance, and was much shorter than the previous page version at 31 pages. In February, a joint response to the consultation by the National Council for Voluntary Organisationsthe Charity Finance Group and the Association of Charitable Foundations said that the new tougher definition kjow “should” was yku “consistent with basic charity law”.

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They said it “could easily lead to a situation where good practice recommendations from the commission are elevated to and treated as legal requirements that must be met by trustees. There is therefore a high risk of regulatory creep.

The essential trustee: what you need to know, what you need to do (CC3)

The Charity Commission said in March the response to the consultation was “overwhelmingly positive”although it would take the aforementioned concerns into account. The new version of CC3published today, is 39 pages long and defines “should” as “meaning something is good sesential that the commission expects trustees to follow and apply to their charity”.

Chris Priestley, a partner at the law firm Withers, who chaired the working party that put together the CLA response, said: Ciaran Price, policy officer at the policy and publishing charity the Directory of Social Changewhich had also been critical of the definition of “should” in the redraft, said the new version did “make a good effort to more clearly explain the very complex issue of the differences between what a trustee must and should do”.

Price said he thought the new version of CC3 “strikes the right balance between providing sound regulatory advice and reflecting the huge value of trustees”. He praised the commission for listening to the sector. Stay signed in for 30 days.

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Charity Commission’s new version of trustee guidance CC3 changes definition of ‘should’

Trending Third Sector launches free podcast ‘s most popular tweets The best-read stories of Charity Commission’s new version of trustee guidance CC3 changes definition of ‘should’ 10 July by Sam Burne James The regulator’s updated guidance makes the amendment in response to sector tk that the previous definition was not consistent with charity law The Essential Trustee CC3. Governance The Charity Commission News.

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The Essential Trustee – Charity Commission

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