PricewaterhouseCoopers (PwC) welcomes the announcement of the Charities Bill, the first detailed piece of charities’ legislation in Ireland in 30 years.
The Bill reflects the key principles of transparency, accountability and good governance outlined in the General Scheme for the Charities Regulation Bill, 2006 and reflects many of the suggestions and contributions submitted during the consultation period by organisations operating in the sector.
Teresa Harrington, Partner advising the Charity Sector, PwC said:
“The Bill will provide clarity for the Sector, protect it and enhance public trust and confidence in the Sector. There will be a clear definition of ‘charitable purpose’, a requirement for regular reporting by charities, clarity in relation to fund-raising and the implementation of codes of practice for fund-raising activities.
Particularly welcome is the recognition of the need for proportionality, and the Bill provides for varying reporting and audit requirements depending on the size of the charity.
Irish Charities are well regarded at home and throughout the world. This well deserved reputation will now be underpinned by a system of regulation that protects and enhances it. ”
ENDS
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