The Charitable Trusts Act has two principal objects: Legislation, Standards and Codes may be linked to one or more of the University's compliance frameworks either as the driver of the requirements, or as a component of the framework. The relevant frameworks are listed below.Charitable Trusts Act 1993 (NSW) - Level 4
(1) The Act codifies and extends the jurisdiction of the Supreme Court of NSW with respect to the management of charitable trusts. The Act also enables the Attorney General to establish schemes for the cy-pres administration of charitable trusts that have failed. (i.e. where the original objective of the charitable trust is no longer possible to fulfil, the Attorney General has the ability to alter the objective to something achievable and as close as possible to the original objective).
(2) The Act clarifies and makes specific the powers of the Supreme Court to deal with misconduct or mismanagement in the administration of a charity, and gives the court power to remove a person associated with a charity and to freeze the funds of a charity.
Relevant Compliance Frameworks
Summary