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Changes over time for: Paragraph 131
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 14/03/2012
Status:
Point in time view as at 01/09/2009.
Changes to legislation:
There are currently no known outstanding effects for the Charities Act 2006, Paragraph 131.
Changes to Legislation
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131(1)Section 39 (supplementary provisions relating to mortgaging) is amended as follows.E+W
(2)In subsections (2)(a) and (4) for “the Commissioners” substitute “ the Commission ”.
(3)After subsection (4) insert—
“(4A)Where subsection (3D) of section 38 above applies to any mortgage of land held by or in trust for a charity, the charity trustees shall certify in relation to any transaction falling within that subsection that they have obtained and considered such advice as is mentioned in that subsection.
(4B)Where subsection (4A) above has been complied with in relation to any transaction, then, in favour of a person who (whether under the mortgage or afterwards) has acquired or acquires an interest in the land for money or money's worth, it shall be conclusively presumed that the facts were as stated in the certificate.”
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