Trusts (Capital and Income) Bill

MARSHALLED
LIST OF AMENDMENTS
TO BE MOVED
IN SPECIAL PUBLIC BILL COMMITTEE

[Amendments marked * are new or have been altered]

Clause 4

LORD HODGSON OF ASTLEY ABBOTTS

1

Page 3, leave out lines 39 and 40

VISCOUNT HANWORTH

2

Page 4, line 16, at end insert—

“( ) Regulations under subsection (1)(b) must include explicitly stated bounds to ensure the preservation of the capital value and the maintenance of the income stream.”

LORD DAVIES OF STAMFORD

3

Page 4, line 16, at end insert—

“( ) Regulations under subsection (1)(b) must ensure that, by reference to appropriate long-term historical indices and otherwise, charity trustees of a relevant fund satisfy themselves that the total rate of return they have assumed in making disbursements or commitments is prudent and therefore can reasonably be expected to be sustainable.”

VISCOUNT HANWORTH

4

Page 4, line 22, at end insert “such as to be accessible to the general public”

Prepared 23rd July 2012