The Institute of Fundraising will revise its code of practice on cash donations and is putting together a working party of charity staff to draw up the new guidance.
The code applies to charities handling cash from fundraising events, appeals, ticket sales, raffles and shop trading. A draft version of the new code is expected to be completed by autumn this year and the final publication is expected to be ready by the beginning of next year.
Caroline Howe, policy and codes of practice manager at the institute, said much of the code would remain similar to the current version. But she said lawyers had suggested the parts of the code that explain what is mandatory and what is best-practice guidance should be revised.
She said that between 10 and 15 people would be appointed to the new working party, and the deadline for applications for the posts would be 26 February.