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About SATER

Background and Objectives
Established by Trust Deed on 5 September 2003, the principal objectives of SATER are to promote research into, and education of accountancy, finance and management together with all subjects in any way related.

Status
SATER is recognised by the Inland Revenue as a charity with effect from 5 September 2003 under Scottish Charity Number SC 034836.

Appointment of Trustees
The Trustees are appointed for a term of up to three years and are eligible for re-appointment thereafter for a maximum of three consecutive terms save in exceptional circumstances where a fourth term is permitted. The minimum number of Trustees is five, maximum eleven.


Two Trustees are appointed from a list nominated by the Institute of Chartered Accountants of Scotland (ICAS): otherwise the appointment of the Trustees is wholly independent of ICAS.

Current Trustees
Chairman of the Trustees: N C L Macdonald
J Baillie
D Bentley
I Marrian
A McGilvray (Lay Trustee)
N Menzies (Lay Trustee)
D Spence
I Stubbs
P Weetman

Officers
The officers of the Trust are:
Secretary: D A Wood
Auditor: Scott-Moncrieff, Edinburgh
Solicitors: Maclay Murray & Spens, Glasgow
Bankers: HBOS, Edinburgh

Nigel Macdonald
Chairman of the SATER Trustees