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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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  • Subject: Law
  • Course: Equity and Trust Law
  • Level: Degree
  • Year: 2nd/3rd
  • Mark: 66%
  • Words: 2368
  • Date submitted: February 05, 2009
  • Date written: Not available
  • References: No
  • Document type: Essay*
  • Essay ID: 629

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