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Paragraph 8 Need for an order under section 36 of the 1993 Act in relation to a new exempt charity

Original text. Later amendments are not shown.

(1)

Section 36 of the 1993 Act continues to apply to a relevant disposition of land held by or in trust for a new exempt charity as it applies to a disposition of land held by or in trust for a charity which is not an exempt charity.

(2)

A disposition of land held by or in trust for a new exempt charity is a “relevant disposition” if—

(a)

the charity trustees proposed that the land in question 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.