Is it time to update your governing documents?

With the country having been in lockdown for over a year now, it has been a challenge for charity trustees to have their management meetings which are so important for the proper governance of an organisation. Fortunately, the ability to have virtual meetings has enabled many charity trustees to keep on top of their roles and will no doubt be an option that organisations wish to continue in future. However, there are some organisations whose governing document does not permit an online approach.

OSCR has stated that it “has been actively encouraging charities to look at the best possible way of having good meetings”.

The legislation that was introduced last September to permit Scottish Charitable Incorporated Organisation (SCIOs) to hold virtual meetings whether or not their governing documents permit them ended on 30 March 2021, and is unlikely to be extended further. As a result, OSCR urges charities to “future proof” their ability to have virtual meetings by allowing them in their governing documents.

In order for charities to make the changes to their governing documents, OSCR has provided information on their website. Charities must make sure they notify OSCR of any changes to the document within three months of the change.

If you require any assistance with your charitable business, please contact a member of our EQ Charities team via charities@eqaccountants.co.uk or contact one of our offices.