C19

Prospective affecting provision: section inserted by Charities (Amendment) Act 2024 (21/2024), s. 22, not commenced as of date of revision.

F49[54A.— (1) Subject to subsection (2), a charitable organisation shall have at least 3 charity trustees who are natural persons and a majority of those trustees shall—

(a) be resident in the State, an EEA state or the United Kingdom, and

(b) not be a connected relative of another trustee.

(2) A charitable trust may have only one trustee that is a body corporate provided that the body corporate—

(a) is incorporated in the State, an EEA state or the United Kingdom, and

(b) has at least 3 directors who are natural persons and a majority of those directors who are natural persons are—

(i) resident in the State, an EEA state or the United Kingdom, and

(ii) not a connected relative of another director.

(3) This section does not apply to an education body.

(4) In this section—

“civil partner” has the same meaning as it has in section 2(2);

“cohabitant” has the same meaning as it has in section 2(2);

“connected relative”, in relation to a person, means a child, step-child, parent, step-parent, brother, sister, spouse, civil partner, cohabitant, grandparent or grandchild, or a child of the person’s civil partner or cohabitant.]