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A Common Good Fund in Scotland is a fund that was created in local areas over the years by those living in certain areas that have such a fund either by leaving their estate to the fund or making donations to the fund. The funds are for the benefit for the common good of the people living in a specific geographical area that the fund was established for. Before there was a law passed people would leave normally their estates for the benefit of the people of the area that the deceased person lived in and who had no heirs. The first law on Common Good Funds was passed by King James IV in 1491. This was incorporated in the Act of Union between Scotland and England in 1707. Under the Local Government Act 1973 addressed the modern day administration of the funds but they could not fully change the original law as this would have meant a fundamental change of the Act of Union. The funds are administered by local authorities in Scotland who have such a fund in their area, managed on behalf of the people who legally own the fund not the authority. Most Common Good Funds can be found where an area in Scotland holds the charter and title of a Royal Burgh.
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What is a common good fund for in Scotland?
Most Scottish Burgh Councils possess property in one form or another. Some of this came to the Council by statute law; some under specific trust. In these cases, income from the property is distributed according to the terms of the law or trust. The income from all other property (such as old common land or unconditional gifts) belongs to the Common Good Fund, and is administered at the Council's discretion, for the benefit of the people who reside, in the area a common good fund belongs to.
Does Scotland Have Synagougues?
Yes we do have synagogues in Scotland. They may not be very common, but they are there.
What are the neeigbours of Scotland?
Scotland shares a common land border with England.
What nations border Scotland?
Scotland and England share a common border.
Is England next to Scotland?
England and Scotland share a common border.
What is the duration of Good Morning Scotland?
The duration of Good Morning Scotland is 2.75 hours.
How much mile is Scotland from England?
Scotland is zero miles from England -- they have a common border!
When was Good Morning Scotland created?
Good Morning Scotland was created on 1973-12-31.
What is the common name of IMF?
International Monetory Fund
How many airmiles is England from Scotland?
Scotland and England share a common border so you could just step into England from Scotland.
Where in Scotland is knife crime common?
the capitol
What are Scotland's neigbors?
Scotland shares a common border with England but has no border with any other country.
