Of interest to those involved in charity governance.
This guidance note offers the charity secretary or governance professional of a charitable company limited by guarantee an outline of the information that should be considered when dealing with the change of trustee and director. As such, it is a specimen document for charities to amend to suit their needs.
Purpose of this guidance
For a charitable company limited by guarantee it is essential that trustees are aware of their legal duties both as trustees under charity law, and as directors under company law. It is because of this dual responsibility that the terms ‘trustee’ and ‘director’ may be used interchangeably. For the purpose of this document, we use the terms trustee and director to emphasise the twin legal duties.
This document includes:
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