Section 18 Exceptions to restrictions on dispositions or mortgages of charity landI1

after paragraph (a) insert—

“(aa)

any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator,”;

omit paragraph (b);

for paragraph (c) (but not the “or” following it) substitute—

“(c)

any disposition of land held by or in trust for a charity which is made to another charity otherwise than as—

(i)

a disposition made with a view to achieving the best price that can reasonably be obtained, or

(ii)

a disposition that is a social investment for the purposes of Part 14A (social investments),”.

after paragraph (a) (and the “or” following it) insert—

“(aa)

granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator.”;

omit paragraph (b).