Industry News

Charitable giving: How trust, tax and regulatory law could collide: when ‘trust’ may not be enough

Charitable gifts, Gifts for a purpose, Barclays Bank v Quitclose Investments Ltd [1970] AC 56, does fundraising legislation give rise to a specific trust in respect of the money raised?, relevant requirements or other features of the tax law, Australian Charities and Not-for-profits Commission Act 2012 (Cth), possible need for legislative or at least administrative clarification?