PART 1Parsonage land
Dealings in parsonage house etc.
I110Loans by Church Commissioners
1
The Church Commissioners may make a loan to a bishop, incumbent or DBF for the purpose of the provision, development or improvement of parsonage land and the safeguarding of its amenities.
2
A loan under this section may be of such amount and made on such terms and subject to the payment of interest at such rate as the Commissioners decide.
3
“Development”, in relation to a building, includes the division or demolition of the building.