Constitution
Powers of Trustees
46) In order to further the purpose of the Charity the Trustees may:
- a) raise funds, provided that in doing so the Trustees must not undertake any substantial permanent trading activity and must comply with any relevant statutory regulations;
- b) apply for and accept grants and provide security in respect of obligations under grant agreements;
- c) buy, take on lease or in exchange, hire or otherwise acquire any property and maintain and equip it for use;
- d) where the Charity owns property, sell, lease or otherwise dispose of all or any part of the property, subject to such consents as are required by law;
- e) borrow money and charge the whole or any part of the property belonging to the Charity as security for repayment of the money borrowed, subject to such consents as are required by law;
- f) co-operate with other charities, voluntary bodies and statutory authorities and exchange information and advice with them;
- g) establish or support any charitable trusts, associations or institutions formed for any purpose connected with the purpose of the Charity;
- h) acquire, merge with or enter into any partnership or joint venture arrangement with any other charity formed for any purpose connected with the purpose of the Charity;
- i) set aside income as a reserve against future expenditure but only in accordance with a written policy about reserves;
- j) obtain and pay for such goods and services as are necessary for carrying out the work of the Charity;
- k) open and operate such bank and other accounts as the Trustees consider necessary and invest funds and delegate the management of funds in the same manner and subject to the same conditions as the Trustees of a trust are permitted to do by the Trustee Act 2000; and
- l) do all such other lawful things as are necessary for the achievement of the purpose of the Charity.
Back to top of page Back to Constitution Contents
Prev page C45. Accounting and reporting Next page C47. Application of funds
All Saints
Lydiard Millicent
Holy Trinity
Shaw
St Mary’s
Lydiard Tregoze
Toothill
Westlea
This page last modified 13:44:21 BST on Thu 7 Apr, 2011
