Deck 14: Control and Regulation of Charitable Trusts

Question 1

Which of the following statements is untrue?

A) Charitable trusts are subject to the same regulatory regime as all other trusts.
B) The Courts have a general inherent jurisdiction over charitable trusts.
C) The Attorney-General had, and still has, an important role in the supervision of charitable trusts.
D) The Charity Commission is the main agency responsible for the regulation of charities.

Answer 1

A

Question 2

Which of the following is not a function of the Charity Commission?

A) Providing funds for charities.
B) Maintaining a register of charities.
C) Increasing public trust and confidence in charities.
D) Promoting compliance by charity trustees with their legal obligations.

Answer 2

A

Question 3

Which of the following actions are open to the Charity Commission when it believes or suspects that a breach of the law has taken place (more than one applies)?

A) The Charity Commission can institute an inquiry.
B) The Charity Commission can suspend or remove a charity trustee.
C) The Charity Commission can 'freeze' charity property.
D) The Charity Commission can prevent a charity from taking a specified action.

Answer 3

A , B , C , D

Question 4

Which of the following statements is true?

A) Anyone can be the trustee of a charity.
B) Charity trustees can never be paid.
C) All charities must be subject to an annual audit by a qualified accountant.
D) The trustees of a charity which is not exempted or excepted from the requirement to be registered are under a duty to apply for it to be registered.

Question 5

Which of the following statements about the Charity Governance Code is false?

A) The Charity Governance Code was developed by the Charity Commission.
B) The Charity Governance Code suggests that the governing bodies of charities should periodically review their performance.
C) The Charity Governance Code differentiates between large charities and smaller charities.
D) The Charity Governance Code suggests that the governing bodies of charities should have a regularly reviewed conflicts of interest policy.