Regulation 9 Saving provision in relation to section 23 of the 2022 Act

(1)

Paragraph (4) applies in relation to a contract for the sale, or for a lease or other disposition, of land which is held by or in trust for a charity, entered into before 7th March 2024, if the disposition of the relevant land has not taken place before 7th March 2024.

(2)

Paragraph (4) also applies in relation to—

(a)

a conveyance, transfer, lease or other instrument effecting a disposition of land held by or in trust for a charity,

(b)

a mortgage of land held by or in trust for a charity,

entered into before 7th March 2024.

(3)

For the purposes of paragraph (2), a mortgage includes a charge.

(4)

Sections 122 and 125 of the 2011 Act, and paragraph 4(2)(b) of Schedule 1 to the Trusts of Land and Appointment of Trustees Act 1996^f1, continue to have effect on and after 7th March 2024 as if section 23 of, and paragraph 29 of Schedule 2 to, the 2022 Act had not come into force.

Annotations

Footnotes

f1: 1996 c. 47. Paragraph 4(2)(b) of Schedule 1 was amended by paragraph 70(b) of Schedule 7 to the Charities Act 2011.