Charities and Trustee Investment (Scotland) Act 2005 Explanatory Notes

Endowments

58.Section 43 provides that educational and non-educational endowments that are also charities will be covered by the reorganisation provisions in this part of the Act, rather than the regime set out in Part VI of the Education (Scotland) Act 1980. However, section 104 of that Act, which requires a register of educational endowments to be maintained by the Scottish Ministers (in fact currently by the Student Awards Agency for Scotland on the Scottish Ministers’ behalf) continues to apply.

Back to top