Trusts and Estates

National Fund in the Court of Appeal

Cy-près schemes and the Charities Act 2011

The Court of Appeal recently handed down judgment in Zedra Fiduciary Services (UK) Ltd v Attorney General [2023] EWCA Civ 1332, dismissing Zedra's appeal against the cy-près scheme directed by Zacaroli J in Zedra Fiduciary Services Ltd v Attorney General (No 2) [2022] EWHC 102 (Ch). This is the first Court of Appeal decision concerning the power to direct a cy-près scheme since the enactment of what is now section 67 of the Charities Act 2011 ("CA 2011"). It therefore bears careful reading by those practising in the charities field.

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