Bribery Act – time to take note

Friday, 01 April 2011 00:00

The guidance is designed to help charities understand the new law and be clear how it may affect them. The Government is keen to stress that the aim is to stamp out damaging and unlawful practices which impact on charities and other businesses who act fairly.

It is now made clear that hospitality expenditure is an accepted and often important part of doing business and that, if it is reasonable and proportionate, it will not fall foul of the Act. This could be particularly important to those charities that operate abroad. But all charities should consider the guidance carefully and review their procedures and practices now - before the Act becomes law.

Charities will need to give thought to their policy on accepting donations, particularly those coming from unknown or unfamiliar sources or which are unusually large. Remember, too, that charities have been drawn into money-laundering scams by the offer of a very large donation on condition that a smaller sum goes to what turns out to be a bogus project. Also, those charities with a presence abroad should take note of the offence concerning foreign officials and review their procedures accordingly.

Our charity team is on hand to offer support and advice on how to successfully implement the Act and can be contacted on 01392 207020.