{
  "url": "https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule",
  "json_url": "https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule.json",
  "legislation": "ukla/1996/11",
  "legislation_title": "Edinburgh Merchant Company Order Confirmation 1996",
  "legislation_url": "https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996",
  "path": "schedule",
  "kind": "schedule",
  "number": null,
  "heading": "Edinburgh Merchant Company",
  "text": "Provisional Order to continue in being the Company of Merchants of the City of Edinburgh and to consolidate with amendments the Acts relating to the Company and to the widows' fund and endowments trust of the Company; to reconstitute and confer powers on the Master’s court of the Company and to vest in the Master’s court the Alexander Darling Silk Mercer’s fund and to make provision as to the management and administration thereof; to make provision for the dissolution of the widows' fund; to make provision as to the vesting in the said endowments trust of the Russell and Foster Endowment and to confer powers on the endowments trust; and for other purposes.\nWHEREAS—\n(1) The Company of Merchants of the City of Edinburgh (hereinafter referred to as “the Company”) was incorporated by royal charter in 1681, ratified by an Act of the Parliament of Scotland in 1693 and further provision was made as to the regulation of the affairs of the Company by a royal charter granted in 1777:\n(2) By the 1898 c.xxii.Edinburgh Merchant Company Act 1898 (hereinafter referred to as “the Act of 1898”) the Company was reincorporated and the powers of the Company were amended and enlarged and further provision was made for the regulation, management and administration of its affairs and of the widows' fund established by the Company (hereinafter referred to as “the widows' fund”) and of certain charitable endowments administered by the Company:\n(3) By the Edinburgh Merchant Company Endowments Orders 1909 and 1952 further provision was made as to the charitable endowments administered by the Company:\n(4) By the 1947 c.ii.Edinburgh Merchant Company Widows' Fund (Amendment) Order 1947 the provisions of the Act of 1898 relative to the said widows' fund were amended:\n(5) By the 1960 c.xix.Edinburgh Merchant Company Order Confirmation Act 1960 (hereinafter referred to as “the Act of 1960”) the Company was reincorporated as a body corporate under the same name and provisions of the Act of 1898; the said Orders of 1909, 1947 and 1952 were consolidated with certain amendments, modifications and additions; further provisions were made with respect to the constituting of the Master, treasurer and assistants of the Company as the Master’s court of the Company and as to the functions of the said Master’s court and with respect to the regulation, management and administration of the affairs of the Company and of the widows' fund and charitable endowments and provision was made whereby the benefits of the widows' fund were extended to new classes of beneficiaries including the orphans of contributors to the widows' fund:\n(6) The Alexander Darling Silk Mercer’s Fund was vested by the Act of 1960 in the Master’s court of the Company and powers contained in the Act of 1960 were conferred on the said Master’s court:\n(7) The Merchant Company Charities Board, as incorporated by the said Order of 1909, was reincorporated by the Act of 1960 as a corporate body under the name of “The Merchant Company Endowments Trust” (hereinafter referred to as “the endowments trust”):\n(8) The property known as the Sir William Fraser Homes was by the Act of 1960 transferred to and vested in the endowments trust and is held and administered by the endowments trust as part of the endowments trust fund vested in the endowments trust:\n(9) By his will and relative codicil the late Henry Walker Russell bequeathed property to be held and administered by the Merchant Company Charities Board as a separate fund to be known as “The Russell and Foster Endowment” for the purpose of paying annuities or pensions in accordance with the provisions of his said will:\n(10) By the Act of 1960 “The Russell and Foster Endowment” was transferred to the endowments trust:\n(11) It is expedient that the Company continue in being as a body corporate under the same name; that the provisions of the Act of 1960 be re-enacted with certain amendments, modifications and additions; that further provisions with respect to the categories of membership and the regulation, management and administration of the affairs of the Company should be enacted; that provision should be made to close the widows' fund and to dissolve the widows' fund:\n(12) It is expedient to permit a variation of the terms of the Fraser Trust, the endowment trust and the Russell and Foster Endowment by means of a Petition to the Court of Session in Edinburgh:\n(13) It is expedient that the other provisions of this Order shall be enacted:\n(14) The purposes aforesaid cannot be effected without an Order confirmed by Parliament under the provisions of the 1936 c. 52.Private Legislation Procedure (Scotland) Act 1936:\nNow, therefore, in pursuance of the powers contained in the said Act of 1936, the Secretary of State orders as follows:—",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukla/1996/11/schedule",
    "retrieved_at": "2026-10-29T14:45:48.524510+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}