HC Deb 26 October 1994 vol 248 c645W
Mr. Wallace

To ask the Secretary of State for the Home Department what plans he has to make any order or regulations under(a) section 38 and (b) section 39 of the Charities Act 1992; and if he will make a statement.

Mr. Nicholas Baker

The deregulation task force on charities and voluntary organisations recommended, among many proposed changes to the law and regulations affecting charities, that the powers in sections 70 and 71 of the Charities Act 1993—formerly sections 38 and 39 of the 1992 Act—be used to amend the investment powers of charity trustees. The position remains, as indicated in the task force's report, that this is under review: first priority is being given to bringing into force new provisions in part II of the 1992 Act—control of fund-raising—and part VI of the 1993 Act—charity accounts, reports and returns.

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