Law Commission proposes statutory power to make social investment: "The Law Commission has recommended new rules to give charities a statutory power to make social investments in a paper published today.
A report, entitled Social Investment by Charities: The Law Commission’s Recommendations, says that generally charities already have the power to make social investments, but there is a lack of clarity among many trustees about exactly what they are allowed to do.
The report follows a consultation earlier this year which was broadly welcomed by the sector."
'via Blog this'
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