Can a public charitable Trust be author of another public charitable Trust.
1 Replies
Kriti
(n/a)
(400 Points)
Replied 27 January 2023
Yes, a public charitable trust can be the author of another public charitable trust. The trust document of the first trust would need to specify that it has the power to create or establish another trust, and the terms of the second trust would need to meet the requirements for a public charitable trust. It's important to note that each trust is a separate legal entity and must comply with the applicable laws and regulations.
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