PART 5ASSET TRANSFER REQUESTS

Key definitions

77Meaning of “community transfer body”

(1)

In this Part, “community transfer body” means—

(a)

a community-controlled body, or

(b)

a body mentioned in subsection (2).

(2)

The body is a body (whether corporate or unincorporated)—

(a)

that is designated as a community transfer body by an order made by the Scottish Ministers for the purposes of this Part, or

(b)

that falls within a class of bodies designated as community transfer bodies by such an order for the purposes of this Part.

(3)

Where the power to make an order under subsection (2)(a) is exercised in relation to a trust, the community transfer body is to be the trustees of the trust.