Charitable status and Monetary Policy Committee: Difference between pages

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imported>Doug Williamson
(Example in a separate sentence.)
 
imported>Doug Williamson
(Create the page. Sources: linked pages and Bank of England webpage http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx)
 
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The legal privileges enjoyed by an organisation which conforms to the regulations set out in charity law and other relevant laws. For example, in the UK the Charities Act.
''UK - Bank of England.''


Organisations with charitable status cannot use their assets for any purposes other than pursuing their charitable objectives.
(MPC).


Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.


In return charities normally enjoy:
Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).
*Preferential tax treatment and tax reliefs.
 
*Eligibility to apply for certain sources of grant funding.
 
With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.




== See also ==
== See also ==
* [[Credit union]]
* [[Bank of England]]
* [[Housing association]]
* [[Monetary policy]]
* [[Mutual]]
* [[Official Bank Rate]]
* [[Not-for-profit]]
* [[Profit]]
* [[Third sector]]

Revision as of 13:02, 7 August 2016

UK - Bank of England.

(MPC).

Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.

Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).


With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.


See also