Section 312 “Transferor” and “transferee” etc. in s.310 and s.311C1
In sections 310 and 311—
any reference to the transferor, in relation to a relevant charity merger, is a reference to the transferor (or one of the transferors) within the meaning of section 306, and
any reference to all of the transferor's property, where the transferor is a charity within section 306(2), is a reference to all of the transferor's unrestricted property (within the meaning of section 306(2)(a)).
In sections 310 and 311, any reference to the transferee, in relation to a relevant charity merger, is a reference to—
the transferee (within the meaning of section 306), if it is a company or other body corporate, and
otherwise, the charity trustees of the transferee (within the meaning of section 306).
Annotations
Modifications
- C1
S. 312 applied (with modifications) (2.1.2013) by The Charitable Incorporated Organisations (General) Regulations 2012 (S.I. 2012/3012), regs. 1, 61