The Charities (Amendment) Act 2024 was passed into law on 10 July 2024. The Act includes revisions and updates to the Charities Act 2009 main points include the following:
- Trustee Responsibilities
- Charitable Purpose – now include advancement of Human Rights as a charitable purpose.
- Changes to Financial Reporting requirements to include some reduced financial reporting requirements depending on charity size and whether incorporated or unincorporated; audit threshold and SORP is not yet mandatory.