charities Flashcards

1
Q

general rule

A

trusts for purposes are not allowed, apart from a few exceptions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

advantages of charities

A

enforcement, no certainty of object, cy prés, can be perpetual, financial advantages, reputation, assistance from Charity Commission, Charitable Incorporated Organisation, appeal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

enforcement as an advantage

A

Attorney General and/or Charity Commission

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

no certainty of objects as an advantage

A

flexibility - court wants to ensure that the trust will succeed so will allow poorly drafted clauses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

cy prés as an advantage

A

as close as possible - court will find a similar charity if the charity involved in the trust comes to an end

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

perpetuity as an advantage

A

private trusts cannot last forever but charitable trusts can

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

financial advantages

A

taxation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

pemsel categories

A

relief of poverty, advancement of education, advancement of religion and other purposes beneficial to the community within the spirit and intendment of the preamble

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly