Can the Joint Trust add new partners after the Governing Bodies have approved the Trust acquisition? What safeguards are there?
When a Joint Trust is established the formal proposals to acquire a Trust must give details of who the members will be and how the Trustees will be appointed. Once a Trust or Joint Trust has been established new individuals or organisations may apply to be members. When agreeing the Memorandum and Articles for the Trust the Trust members are advised to take their own legal advice to ensure that the Memorandum and Articles meet their requirements and they should consider the safeguards they would like to keep. However, the model Memorandum and Articles of Association produced by the DCSF include the following safeguards in relation to the addition of new members and these are recommended as good practice. Firstly, new partners must be approved by either the existing Trustees as set out in the Memorandum and Articles. The Trustees would have to satisfy themselves that the proposed new partner was interested in promoting the charitable objects of the Trust e.g. to advance the education of
Related Questions
- Can the Joint Trust add new partners after the Governing Bodies have approved the Trust acquisition? What safeguards are there?
- Once approved, can Partners use the Java Powered logo wherever they want (business cards, t-shirts, etc.)?
- Can the Joint Trust change its objectives without reference to the Governing Bodies?
