Question: Should Fiscal and Trusts Law Privileges be separated?
Answer: It has been contended on a number of recent occasions that the linking of fiscal and trusts law privileges to the same definition of “charitable” produces unsatisfactory results: in other words, that the decision in Pemsel’s case should be reversed. To break this link by confining the fiscal privileges to a narrower range of purposes than those which attract the trusts law privileges would, it is alleged, be advantageous in two respects. First, fiscal privileges would cease to be available to a range of organisations (such as animal charities, or obscure religious sects) which are on the periphery of “charity” and do not really deserve them.......(short extract)
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Details: - Mark: 66% | Course: Equity and Trust Law | Year: 2nd/3rd | Words: 2368 | References: No | Date written: Not available | Date submitted: February 19, 2009 | Coursework ID: 362
