Charity law

Consultation Paper on Public and Charitable Trusts: Amalgamation of Functions and Common Investment Funds

The paper contains two broad sets of proposals. The first set is designed to facilitate efficiencies for public trusts, including charitable ones, through the sharing of certain administrative functions. The second set of proposals seeks to allow two types of charitable investment fund, which are currently available elsewhere in the UK, to be set up under Scots law. These funds offer considerable advantages for all charities, whether in the form of a trust or not.