The duties of trustees of a charitable trust are contained in the trust deed, Trustees Act 1956, Charitable Trusts Act 1957 and Charities Act 2005. The duties continue until the trustee resigns, although in certain circumstances they can continue after resignation.
The primary duties of a trustee are to:
- comply with the terms of the trust deed that created the trust;
- act honestly and loyally; and
- act in the best interests of the trust.
Additionally, all trustees have an obligation to:
- treat the trust’s potential beneficiaries ...
29
MAY
2011
MAY
2011
1
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