Zedra Fiduciary Services (UK) Ltd V Attorney General Case Note
NSC pupil barrister, Chloe Rixon pens a case note on the recent Court of Appeal case, Zedra Fiduciary Services (UK) Ltd V Attorney General. In this case, the approach to making cy-près schemes under s.67 Charities Act 2011 was decisively clarified. The case centred on the National Fund, a charitable trust aimed at reducing the National Debt, and explored the appropriate allocation of its substantial funds through competing proposals.
Chloe’s summary breaks down the complexities of cy-près schemes under the Charities Act 2011 and highlights essential aspects of s.67(3), shedding light on why the Court endorsed the Attorney General’s proposed scheme within legal boundaries.
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Practice Area: Trusts, Wills & Estates