Charities and Trustee Investment (Scotland) Act 2005

Prospective

89Application of fundsS

This section has no associated Explanatory Notes

(1)This section applies where the court, on an application by OSCR, is satisfied that sums collected in a public benevolent collection by or on behalf of any person other than a charity cannot for any reason be applied for the purposes for which they were collected.

(2)The court may—

(a)order any person holding such sums not to part with them without the court's consent,

(b)approve a scheme prepared by OSCR for the transfer of those sums to a charity specified in the scheme.

(3)The court may approve a scheme under subsection (2)(b) subject to modifications.

(4)In this section, “the court” means the sheriff.