SCHEDULES

SCHEDULE 5 Amendment of Endowments and Glebe Measure 1976

2

In section 11—

(a)

in subsection (2) the words “, on or after the appointed day” shall be omitted and for the words “Commissioners” there shall be substituted the words “ Diocesan Board of Finance of the appropriate diocese ”;

(b)

in subsection (3) after the word “Commissioners” there shall be inserted the words “ and any Diocesan Board of Finance qualified to benefit from the trust in question ”;

(c)

for subsection (5) there shall be substituted the following subsection—

“(5)

The Diocesan Board of Finance shall allocate to the capital account of its diocesan stipends fund any property which is transferred to it under subsection (2) above.”.