Exempt charity

Exempt charity

An exempt charity is an institution established in the United Kingdom for charitable purposes which is exempt from registration with, and oversight by, the Charity Commission.

Exempt charities are largely institutions of further and higher education, Industrial and Provident Societies, Friendly Societies, or national museums that were established by Act of Parliament or by Royal Charter. These organisations are specified in Schedule 2 to the Charities Act 1993. [ [http://www.uk-charities-act-1993.co.uk/s-E Charities Act 1993, Schedule 2] ]

Historically, they were treated as exempt from supervision because they were considered to be adequately supervised by, or accountable to, some other body or authority, such as Parliament.

Although outside the jurisdiction of the Charity Commission, they are still subject to the usual legal rules applicable to charities in English law and to the general provisions of the Charities Acts.

The Charities Act 2006 substantially changed the law on exempt charities, introducing the requirement of a "principal regulator" to oversee the compliance of the charity with charity law.

Named charities

The following institutions are specifically listed by name as exempt charities by the Act:

*University of Oxford
*University of Cambridge
*University of London
*University of Durham
*University of Newcastle
* the colleges and halls in the universities of Oxford, Cambridge, Durham and Newcastle, Queen Mary and Westfield College in the University of London.

*Winchester College
*Eton College

*Victoria and Albert Museum
*Science Museum
*Royal Armouries
*Royal Botanic Gardens, Kew
*National Museums and Galleries on Merseyside
*British Museum
*Natural History Museum
*National Gallery
*Tate Gallery
*National Portrait Gallery
*Wallace Collection
*Imperial War Museum
*National Maritime Museum

*Museum of London
*British Library

*National Curriculum Council
*Curriculum Council for Wales
*School Examinations and Assessment Council

*Church Commissioners and any institution which is administered by them

References

External links

* [http://www.charity-commission.gov.uk/ Charity Commission]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Charity Commission — The Charity Commission for England and Wales (Welsh: Comisiwn Elusennau Cymru a Lloegr ) is the non ministerial government department that regulates registered charities in England and Wales.The Charity Commission answers directly to the UK… …   Wikipedia

  • Charity Navigator — is an independent, non profit organization that evaluates American charities. Its stated goal is to advance a more efficient and responsive philanthropic marketplace by evaluating the financial health of America s largest charities. Contents 1… …   Wikipedia

  • Charity fraud — is the act of using deception to get money from people who believe they are making donations to charities. Often a person or a group of people will make material representations that they are a charity or part of a charity and ask prospective… …   Wikipedia

  • charity — char·i·ty n pl ties: a gift for humanitarian, philanthropic, or other purposes beneficial to the public (as maintaining a public building); also: an institution (as a hospital or school) or organization founded by such a gift compare private… …   Law dictionary

  • Charity Guide — is a tax exempt, nonprofit 501(c)(3) organization in the United States dedicated to inspiring and facilitating volunteer opportunities through an approach known as flexible volunteerism. Its website, CharityGuide.org, offers a list of volunteer… …   Wikipedia

  • -exempt — [ɪɡˈzempt] ; [ɪɡˈzempt] (in compounds, forming adjectives) • tax exempt donations to charity Main entry: ↑exemptderived …   Useful english dictionary

  • Charity Commission for England and Wales — For other uses, see Charities Commission (disambiguation). Charity Commission for England and Wales (Welsh: Comisiwn Elusennau Cymru a Lloegr) Non ministerial government department overview Formed February 27, 2007 ( …   Wikipedia

  • exempt legacies and transfers — Gifts during an individual s life or death ( i.e. by means of a will) which, by virtue of the nature of the gift or the recipient, are automatically exempt from inheritance tax. Examples include transfers between spouses, gifts to charities and… …   Financial and business terms

  • Supporting organization (charity) — A supporting organization, in the United States, is a public charity created by the U.S. Internal Revenue Code in [http://www.law.cornell.edu/uscode/uscode26/usc sec 26 00000509 000 .html 26 USCA 509(a)(3)] . A supporting organization either… …   Wikipedia

  • tax-exempt — adjective Describing something that is not taxed. As a religious charity it is tax exempt, so all money collected goes to its good works …   Wiktionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”