FINANCE NEWS: Finance group calls for progress on law reforms in Scotland

The Scottish Finance Directors' Group has called for proposed reforms to Scottish charity law to be speeded up.

Speaking at the group's annual conference in Stirling, convenor Gordon Castell, said the directors' body had responded to the McFadden report, the review of Scottish charity law, in detail. "It is a matter of concern and growing disappointment that the Scottish Executive has not yet issued any timetable for implementing this report's recommendations, through new legislation," he said.

"In particular, it is important that the charities can ask for advice and guidance, as well as being regulated. It is equally important that charities can expect that their accounts will be scrutinised carefully, in accordance with their size and turnover."

Castell also welcomed the Stategy Unit's report on charity law and status in England, and the Treasury's cross-cutting review.

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