Charity

Charity – in most jurisdictions the term refers to a non-profit organization or entity, established to perform actions in favor of the public (for example, a foundation, established in public favor). Various associations may also act as charity, if their activity is pointed towards satisfaction of public interests. These non-profit entities are regulated by the Charity Law. For example, within the Common Law System, this is a branch of Law that covers the rules related to the setting up and operation of charities, which are bodies established to perform actions for the public benefit. Main act in the area is the Charities Act 2006.

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