OpenLegislation

Paragraph 17 Amendments relating to sections 10 and 11 of this ActI1I2

England and Wales

(1)

Section 284 (taking effect of resolution under section 282) is amended as follows.

(2)

In subsection (1), after “282(2)” insert “or (3A)”.

(3)

In subsection (1)(a)—

(a)

after “evidence” insert “made”;

(b)

for “the donor or donors mentioned in section 282(1)(a)” substitute “any donor or donors to the available endowment fund”.

(4)

In subsection (1), for paragraph (b) substitute—

“(b)

any changes in circumstances relating to the available endowment fund since it was established (including, in particular, the financial position of the fund, the needs of those who can benefit from the fund, and the social, economic and legal environment).”

(5)

In subsection (2)(a), for “the gift or gifts mentioned in section 282(1)(a)” substitute “any gift or gifts to the available endowment fund”.

(6)

In subsection (5)(b), for “period of 3 months mentioned in subsection (3)” substitute “relevant period”.

Annotations

Commencement

I1

Sch. 2 para. 17 not in force at Royal Assent, see s. 41(4)

I2

Sch. 2 para. 17 in force at 14.6.2023 by S.I. 2023/643, Sch. para. 20(c) (with reg. 4)