# Charities Act 2022, Section 18: Exceptions to restrictions on dispositions or mortgages of charity land

Extent: E+W

(1) The Charities Act 2011 is amended as follows.
(2) In section 117(3) (exceptions to restrictions on dispositions of charity land)—
(a) after paragraph (a) insert—
“(aa) any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator,”;
(b) omit paragraph (b);
(c) 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),”.
(3) In section 124(9) (restrictions on mortgages)—
(a) after paragraph (a) (and the “or” following it) insert—
“(aa) granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator.”;
(b) omit paragraph (b).

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Source: https://www.legislation.gov.uk/ukpga/2022/6/section/18 (the official version)
Page: https://openlegislation.uk/charities-act-2022/section-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.