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ARTICLE · 05 JUNE 2014

New Charities Law For Jersey

The draft Charities (Jersey) Law 201- has been lodged today for debate in July by the States Assembly.

JerseyCorporate/Commercial Law

The draft Charities (Jersey) Law 201- (the "Charities Law") has been lodged today for debate in July by the States Assembly (Jersey's government).  The proposed introduction of the Charities Law forms part of the Island's initiative to develop Jersey's position as a centre of excellence for philanthropic wealth structuring.

Trusts and foundations are the two key structures used for philanthropy in Jersey with the Trusts (Jersey) Law 1984 and the Foundations (Jersey) Law 2009 both placing a strong emphasis on the importance of flexibility, allowing for the creation of structures designed to meet an individual client's requirements.

The Charities Law will complement these two pieces of legislation by introducing a new definition of charitable purposes and, for those wishing to register as a Jersey charity, a charity test together with a system of registration.

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