www.iva.co.uk

Hi All

The old thorny issue of trusteeship has come up again. I have been approached to go back onto one of the organisations I used to be involved with prior to my IVA. I would like to take it up but am confused as to what is and is not possible. Melanis has said in the past that if the directors agree to it then it can happen. However the charity commision say that the IVA is treated the same as BR. The old entering into a composition regulation. Then in the this case no not until our six years are up.

Does anyone know differently or can you confirm this is the case?


Thanks

I wish I could give a definitive answer but the best idea may be to contact the Charity Commission themselves. Normally if directors of a limited company agree there is no problem with an IVA but you seem to have serious problems with charity trusteeships. This seems ludicrous since you are giving your time and energy for the benefit of others.

Agreed - and if they say no ask them to confirm why.

Hi Michael/Melanie

I spoke to the charity commision yesterday, they confirm that under an IVA as with BR you are treated the same. It is not possible to be a trustee or director under the mem and ats of a registered charity. I have emailed as they requested to challenge this as I feel we in IVAs are not getting equal treatment. If we had gone BR then by now we would be free and clear. We would be discharged and able to go ahead.

I will not let this one rest. Thanks for your advice.

Hope it works out as it is patently unfair. Keep us up to date.

I suggest that you draw this to the attention of your Member of Parliament John. It is a silly ruling, especially when so few people are prepared these days to become involved in charitable work.