OpenLegislation

Paragraph 8 Need for an order under section 36 of the 1993 Act in relation to a new exempt charityI1

England and Wales

(1)

Section 36 of the 1993 Act continues to apply to a relevant disposition of land held by or in trust for a new exempt charity as it applies to a disposition of land held by or in trust for a charity which is not an exempt charity.

(2)

A disposition of land held by or in trust for a new exempt charity is a “relevant disposition” if—

(a)

the charity trustees proposed that the land in question be disposed of (whether by conveyance, transfer, lease or otherwise) before the appointed day; but

(b)

the relevant disposition had not been effected before that day.

Annotations

Commencement

I1

Sch. 2 para. 8 in force at 1.6.2010, see art. 1