51³Ô¹ÏÃâ·ÑApp

Report by Executive Director with responsibility for Legal and Regulatory Support

The Committee gave consideration to a report providing information on proposals relating to the ongoing management and proposed distribution arrangements for Charitable Trusts, Bequests and Trust Funds for which the Bute and Cowal Area Committee are Trustees.

Decision

The Bute and Cowal Area Committee:-

1.    noted the financial position of all the Charitable Trusts, Bequests and Trust Funds as of August 2022;

2.    agreed that a moratorium be placed on awards being made from the PianoÌý Fund, Dunoon; and

3.    agreed that the accumulated funds for distribution from the Tulloch Library, Dunoon be awarded to Live 51³Ô¹ÏÃâ·ÑApp in their totality and that a moratorium be placed on awards being made from this fund thereafter.

(Reference: Report by Executive Director with responsibility for Legal and Regulatory Support, dated November 2022, submitted)