In light of these developments, we draw the following conclusions:<\/p>\n
* It is not appropriate for one of the Communion\u2019s four Instruments to be an English company regulated by UK and EU law like any other UK company. To repeat what we said above, we do not question the need for the proper and efficient management of the Communion\u2019s charitable assets by fiduciaries complying with all relevant laws. We are not convinced, however, that this role should be confused with the historic role of the Instruments of Communion in \u201cthe discernment, articulation and exercise of our shared faith and common life and mission\u201d\u009d and in particular with the role of the Communion\u2019s Primatial leadership, which bears special responsibility for \u201cdoctrinal, moral and pastoral matters that have Communion-wide implications.\u201d\u009d (Covenant 3.1.4.)
\n * We urge the Archbishop of Canterbury and the Primates not to cede their independent authority to the corporate charter of the ACC, but to insist that their authority cannot be infringed by the ACC.
\n * It is now beyond doubt that the newly transformed and empowered ACC Standing Committee cannot function as the committee required by Section 4 of the Covenant.
\n * The Covenant remains the only hope for preserving the traditional faith and order of the Anglican Communion. We call upon member churches of the Anglican Communion to adopt the Covenant with all deliberate speed and, having done so, to make proper arrangements for the responsibilities assigned to the Standing Committee of the Anglican Communion in Section 4 to be undertaken by a body that has both the competence and ability to assess threats to the Communion and recommend appropriate action.<\/p><\/blockquote>\n