Is it a no to trustee-ship in an IVA?

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tina592
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by tina592 » Fri Jul 27, 2018 9:18 pm
We've just been given a charity status for our lost and found pets in our local area. I'm a volunteer scanner have been for nearly 3 years. The lady who runs this group put me forward as one of the trustees which was an honour when we got the charity status, but I was not aware with being in an IVA this would disqualify me.
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luluj
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by luluj » Sat Jul 28, 2018 4:52 am
You need to look at the charities terms n conditions... bankruptcy is a definite no no but iva's are not always the case.
A quiet word with the chairman to explain what an iva is and how it differs from bankruptcy may help.
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Foggy
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by Foggy » Sat Jul 28, 2018 8:39 am
The people to check with would be the Charities Commission. As Luluj says, an IVA is different to BR, which is a "no-no", and there might also be mention of it in the charities articles.
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