Thursday, February 17, 2005

Examiner

Examiner: "Charity sector regulations proposed
By Paul O�Brien
REGULATION of the charity sector moved a small step closer yesterday with the publication of two consultation papers recommending legislative reform.

The papers, prepared by the independent Law Reform Commission, deal with trust law and charitable trust law, and recommend tightening the legislation surrounding trustees.

A trust is usually created by a person transferring land or money in a deed to benefit other persons.

A trustee holds the land or money to administer it for the beneficiaries. "

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