“OSCR is satisfied that, at this time, the charity trustees are fulfilling their duties under the 2005 act”
Scotland’s charity regulator has closed its inquiry into a strife-wracked cycling charity.
OSCR had probed Glasgow-based Free Wheel North over governance and financial concerns.
The charity has been wracked by internal infighting and in July, the regulator directed the charity to elect a new board .
Founder Norman Armstrong was suspended from acting as a trustee for six months for “contributing to the misconduct in the administration of the charity”.
However, OSCR reversed that decision following an appeal.
The regulator said that his suspension was no longer necessary and was lifted as he is no longer a trustee.
It told TFN that if he was still involved, the suspension would not have been lifted.
Now, OSCR said it is satisfied with the charity’s compliance after an EGM, which it instructed the charity to hold, on 23 October and it closed its inquiry this week.
An OSCR spokesperson said: “Free Wheel North has experienced a period of significant challenge.
“However, following a meeting with the newly appointed charity trustees, OSCR recognises the commitment of the current board to strengthening governance and improving operational arrangements and that it will legitimately take time to make the necessary changes to how the charity operates in the future.
“OSCR is satisfied that, at this time, the charity trustees are fulfilling their duties under the 2005 act.”