Charities (Protection and Social Investment) Bill [HL]

Amendment
to be moved
in grand committee

Clause 13

LORD CROMWELL

LORD HOPE OF CRAIGHEAD

 

Page 17, line 18, at end insert—

“( )   consider whether the social investment concerned is subject
to the same regulation as commercial investments that are
undertaken in regulated financial markets and, if not,
whether it would nevertheless be appropriate to proceed
with it;

( )   consider whether there is a conflict between the investment
vehicles that are on offer and, if so, how it should be

resolved in the interests of best furthering the charity’s
purposes;”

Prepared 17th June 2015