Trusts Act 2019

Trusts Act 2019

If your charity is a trust, or a trust registered under the Charitable Trusts Act 1957, the duties of your trustees are being clarified.

The Trusts Act 2019 replaces the Trustee Act 1956. The new Act comes into force on 31 January 2021, meaning trustees need to be aware the law that governs their trust has changed slightly.

The new Act aims to improve the governance of trusts by helping trustees understand their legal duties. The Trusts Act 2019 lists mandatory and default duties of trustees. Trustees’ duties are vital to the good governance of charities, so it’s important that trustees are aware of the recent changes to the Trusts Act.

You can find the Trusts Act 2019 here.

This resource from the Institute of Directors outlines key features of the Trusts Act 2019 that trustees need to know: What’s changing for trusts?

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