Find out about the different types of reorganisation scheme available to charities.
What is reorganisation?
Reorganisation is a valuable tool available to charities
established in Scotland for releasing unused charitable funds back
into Scotland's charity sector. It also allows charities that do
not have the power to make changes to apply to OSCR for authority
to do so.
There are two distinct types of reorganisation scheme:
Charity reorganisation schemes
The reorganisation affects the charity as a whole.
There are three types of charity reorganisation scheme:
- A variation of the terms of the charity's constitution (whether
or not in relation to its purposes).
- A transfer of the charity's property (after satisfaction of
liabilities) to another charity (whether or not involving a change
to the purposes of the other charity).
- An amalgamation of the charity with another charity.
Click here for more
information on Charity Reorganisation and
applications
Restricted Funds Reorganisation schemes
The reorganisation only applies to funds held by the
charity.
Restricted Funds Reorganisation schemes can allow charities
to:
- Change the purpose for which the fund/s may be used and/or
- Change or remove the conditions imposed on the charity on how
it can use the fund/s
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information on Restricted Funds Reorganisation and
applications