Explanatory note

This Order gives effect to a scheme of the Charity Commissioners for the Charity known as the Iveagh bequest, which is regulated by the Iveagh Bequest (Kenwood) Act 1929.

The Scheme alters some of the statutory provisions governing the Charity. The Scheme continues the existing trusteeship of English Heritage but provides for the removal of the present Custodian Trustee (the Public Trustee) and gives English Heritage the discretion to hold the investments or to appoint a new Custodian Trustee. The Scheme empowers English Heritage to delegate its investment management powers and also to acquire and otherwise deal with additional property for display primarily at Kenwood House, Hampstead, London.