ABSTRACT

What are the legal advantages of charitable status? What are the fiscal advantages of charitable status? Who enforces a charitable trust? What are the three requirements for a valid charitable trust? What are the thirteen heads of charitable purpose? How has the public benefit requirement changed under the Charities Act 2006? Explain the public benefit requirement in respect of the first three heads of charitable purpose Explain what is meant by the requirement that a charitable trust must be exclusively charitable? What is meant by the cy-pre`s doctrine? What is meant by initial failure in respect of the cy-pre`s doctrine? What is meant by subsequent failure in respect of the cy-pre`s doctrine? How has statute extended the cy-pre`s doctrine?