Common use of Serious Incidents Clause in Contracts

Serious Incidents. It is a requirement of the Charity Commission that all charities inform them of serious incidents that may occur. The Charity Commission defines a serious incident as “an adverse event, whether actual or alleged, which results in or risks significant: ● loss of charity’s money or assets ● damage to charity’s property ● harm to charity’s work, beneficiaries or reputation5 It is the responsibility of the Board of Governors to report a serious incident. More details can be found on the Charity Commission website.

Serious Incidents. It is a requirement of the Charity Commission that all charities inform them of serious incidents that may occur. The Charity Commission defines a serious incident as “an adverse event, whether actual or alleged, which results in or risks significant: ● loss of charity’s money or assets ● damage to charity’s property ● harm to charity’s work, beneficiaries or reputation5 reputation6 It is the responsibility of the Board of Governors to report a serious incident. More details can be found on the Charity Commission website.