Charity trustees have a number of important and binding legal duties imposed upon them under the Charities and Trustee Investment (Scotland) Act 2005, the Companies Acts, the common law, and accounting and other regulations.
It is critical that charity trustees are aware of their legal duties and are well equipped to carry out their responsibilities to the best of their ability. Charity trustees must also ensure that they meet the relevant standards of care in all of their actings, including in relation to charity investment.
Our Charities Legal Team provides detailed advice on the duties of charity trustees, helping them to ensure compliance with legal requirements, constitutional restrictions and other external or regulatory obligations. Since the induction and training of charity trustees are points on which all charities must make disclosures in their annual report and accounts, we regularly provide tailored training sessions to new and existing charity trustees to keep them fully aware of the duties imposed upon them and to ensure compliance with the relevant legal and accounting requirements.