Section 50 Constitution and powersI1
A SCIO's constitution must state its name and its purposes.
A SCIO's constitution must make provision—
about who is eligible for membership, and how a person becomes a member, and
for the appointment of 3 or more persons (“charity trustees”) who are to be charged with the general control of the SCIO's administration, and about any conditions of eligibility for becoming a charity trustee.
A SCIO's constitution must also provide for such other matters, and comply with such requirements, as are specified in regulations made by the Scottish Ministers.
A SCIO must use and apply its property in furtherance of its purposes and in accordance with its constitution.
Subject to anything in its constitution, a SCIO has power to do anything which is calculated to further its purposes or is conducive or incidental to doing so.
For the purposes of managing the affairs of a SCIO, its charity trustees may exercise all the SCIO's powers.
Annotations
Commencement
- I1
S. 50 in force at 1.4.2011 in so far as not already in force by S.S.I. 2011/20, art. 2(2)(a)
Notes on Part 1
Textual amendments
- F1
Pt. 1 Ch. 5A inserted (1.10.2010 for specified purposes, 1.11.2012 in so far as not already in force) by Public Services Reform (Scotland) Act 2010 (asp 8), ss. 125(1), 134(7); S.S.I. 2010/321, art. 3, Sch.; S.S.I. 2012/218, art. 2