Charities Act 2022
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Change 1
18 Exceptions to restrictions on dispositions or mortgages of charity land
(1) The Charities Act 2011 is amended as follows. (2) In section 117(3) (exceptions to restrictions on dispositions of charity land)— (a) after paragraph (a) insert— (aa) any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator, ; (b) omit paragraph (b); (c) for paragraph (c) (but not the “or” following it) substitute— (c) any disposition of land held by or in trust for a charity which is made to another charity otherwise than as— (i) a disposition made with a view to achieving the best price that can reasonably be obtained, or (ii) a disposition that is a social investment for the purposes of Part 14A (social investments), . (3) In section 124(9) (restrictions on mortgages)— (a) after paragraph (a) (and the “or” following it) insert— (aa) granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator. ; (b) omit paragraph (b).
18 Exceptions to restrictions on dispositions or mortgages of charity land
(1) The Charities Act 2011 is amended as follows. (2) In section 117(3) (exceptions to restrictions on dispositions of charity land)— (a) after paragraph (a) insert— (aa) any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator, ; (b) omit paragraph (b); (c) for paragraph (c) (but not the “or” following it) substitute— (c) any disposition of land held by or in trust for a charity which is made to another charity otherwise than as— (i) a disposition made with a view to achieving the best price that can reasonably be obtained, or (ii) a disposition that is a social investment for the purposes of Part 14A (social investments), . (3) In section 124(9) (restrictions on mortgages)— (a) after paragraph (a) (and the “or” following it) insert— (aa) granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator. ; (b) omit paragraph (b).
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