000			02892nam a2200397 i 4500
001			CR9781108854283
003			UkCbUP
005			20240905142733.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			190701s2021||||enk o ||1 0|eng|d
020			_a9781108854283 (ebook)
020			_z9781108490597 (hardback)
020			_z9781108796040 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aK797 _b.M87 2021
082	0	0	_a344.03/17 _223
100	1		_aMurray, Ian, _d1970- _eauthor.
245	1	0	_aCharity law and accumulation : _bmaintaining an intergenerational balance / _cIan Murray, University of Western Australia.
264		1	_aCambridge : _bCambridge University Press, _c2021.
300			_a1 online resource (xlii, 287 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 26 Jul 2021).
505	0		_aThe charity sector, its goals, and accumulation -- Legal restraints on accumulation applicable on creation -- Operational restraints on accumulation : controller duties -- Operational restraints on accumulation : alternative control mechanisms -- Operational restraints on accumulation : taxation -- Intergenerational justice and the intergenerational distribution of benefits -- Which generation decides the intergenerational distribution of benefits? -- Enhanced agency costs.
520			_aMuch has been written in charity law on the type of benefits that charities can provide - charitable purposes - and towards whom such benefits must be directed - the public benefit question. Almost nothing has been written about when benefits must be provided. However, accumulation of assets by charities raises profound ethical, economic and social considerations that are highlighted by the present retreat of the welfare state and the impact of the Global Financial Crisis and COVID-19. This book analyses the issue through a normative, doctrinal and comparative analysis of the legal constraints upon accumulation by charities. It reveals that the legal restraints contain significant gaps in relation to the intergenerational distribution of benefits and to the balance of decision-making between generations. In particular, the book asserts that there is room for law reform to better identify and incorporate principles of intergenerational justice into the regulation of charities.
650		0	_aCharity laws and legislation.
650		0	_aAsset allocation.
650		0	_aNonprofit organizations _xTaxation _xLaw and legislation.
650		0	_aCharitable uses, trusts, and foundations _xTaxation _xLaw and legislation.
650		0	_aCharities.
776	0	8	_iPrint version: _z9781108490597
856	4	0	_uhttps://doi.org/10.1017/9781108854283
942			_2ddc _cEB
999			_c9683 _d9683