The EFC has developed a draft “Model Law for Public Benefit Foundations in Europe” (May 2003). The EFC Model Law aims to positively influence the development of new foundation laws as well as the revision of existing foundation laws at national level.
Model Law (pdf 65kb)
The Model Law is based on “Fundamental Legal and Fiscal Principles for Public Benefit Foundations” (May 2003) identified and agreed by EFC members. The Principles are the constituent elements of the Model Law for foundations and contain the essential ideas for any EU legislation for foundations.
Fundamental Principles (pdf 40kb)
The EFC has established the Model Law and Fundamental Principles in one publication available for download:
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Both documents are evolving and will be amended from time to time.
The EFC invites comments from its membership and interested parties on these documents. Comments should be sent to the EFC Legal Committee.