- Draft legislation
This is a draft item of legislation and has not yet been made as a UK Statutory Instrument.
8.—(1) Section 36 of the 1993 Act continues to apply to a relevant disposition of land held by or in trust for a new exempt charity as it applies to a disposition of land held by or in trust for a charity which is not an exempt charity.
(2) A disposition of land held by or in trust for a new exempt charity is a “relevant disposition” if the charity trustees—
(a)proposed that the land in question be disposed of (whether by conveyance, transfer, lease or otherwise) before the appointed day; but
(b)the relevant disposition had not been effected before that day.
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