125.Section 31 amends section 64 of the 1993 Act. Subsection (2) replaces section 64(2) with a revised section 64(2). The revised section 64(2) limits the occasions on which alterations of a charitable company’s memorandum or articles of association would require the prior written consent of the Charity Commission, referred to as regulated alterations.
126.Subsection (2) provides for a new subsection (2A) to be inserted after section 64(2). The regulated alterations for which the Charity Commission's prior written consent is required are provided for by section 64(2A)(a)-(c).