New guidance for Scottish charity trustees
Scottish charity regulator OSCR has published new guidance for charity trustees, outlining their duties under the recent charities legislation north of the border.
‘Guidance for Charity Trustees – acting with care and diligence’ is the latest in the Regulator’s range of publications and is aimed at assisting charity trustees to understand what is expected of them, as individuals and collectively, under the Charities and Trustee Investment (Scotland) Act 2005.
A key feature of the new publication is a checklist, with examples of good practice to help charity trustees fulfil their duties and responsibilities.
The new publication explains general duties, such as:
Acting in the interests of the charity;
Operating in a manner consistent with the charity’s purposes;
Acting with care and diligence; and
Collective or corporate responsibility.
As well as more specific requirements.
The document features a section on the new investment powers of trustees generally, including trustees of charitable trusts. Sources of relevant advice and support to enable charity trustees to fulfil their duties, are also listed.
http://digbig.com/4mnpd – pdf linked from there is 191kb. Printed copies have been sent to all charities on their list plus relevant support organisations.