OpenLegislation

Paragraph 13 Need for an order under section 36 of the 1993 Act in relation to a formerly exempt charity

Original text. Later amendments are not shown.

(1)

Nothing in section 36 of the 1993 Act applies to a disposition of land held by or in trust for a formerly exempt charity to which sub-paragraph (2) applies.

(2)

This sub-paragraph applies to a disposition of land held by or in trust for a formerly exempt charity if—

(a)

the charity trustees proposed that the relevant land be disposed of (whether by conveyance, transfer, lease or otherwise) before the appointed day; but

(b)

the relevant disposition had not been effected before that day.