UK Parliament / Open data

Charities Bill [HL]

I have a question relating to the amendment. I understand the need to protect creditors, but the amendment does not differentiate between a trustee who has peripheral and limited knowledge and experience of the operation of the charity and one who is central to it. The operation of joint and several liability would be extremely onerous for somebody who might have only a fairly loose connection with the charity. The answer may be, ““Well if you become a trustee, that is tough””. However, that could be extremely off-putting for people who are wealthy, because joint and several liability will impinge heavily on them, and will mean that people who might give a little of their time and expertise to a charity might not do so because of the risks that they might run thereby.
Type
Proceeding contribution
Reference
673 c1081 
Session
2005-06
Chamber / Committee
House of Lords chamber
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