Paragraph 12

England and Wales

(1)

Where—

(a)

the tenant under the new lease is a diocesan board of finance and the lease comprises diocesan glebe land, and

(b)

compensation is paid as mentioned in paragraph 9(b) above,

the sum received shall be paid to the Church Commissioners to be applied for purposes for which the proceeds of any disposition of property by agreement would be applicable under any enactment or Measure authorising such a disposition or disposing of the proceeds of such a disposition.

F1(2)

In this paragraph—

“diocesan board of finance” has the same meaning as “DBF” in the Church Property Measure 2018;
“diocesan glebe land” has the same meaning as in that Measure.

Annotations

Textual amendments

F1: Sch. 14 para. 12(2) substituted (E.) (1.3.2019) by Church Property Measure 2018 (No. 8), s. 53(2), Sch. 1 para. 20; S.I. 2019/97, art. 2

Notes on Schedule 14

Commencement

I1: Sch. 14 wholly in force at 1.11.1993 see s. 188(2) and S.I. 1993/2134, art. 5