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- Point in Time (01/02/1991)
- Original (As enacted)
Version Superseded: 01/09/1992
Point in time view as at 01/02/1991.
There are currently no known outstanding effects for the Charities Act 1985 (repealed).
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Section 2.
Section 3
WHEREAS we are the trustees of the ............................Charity, of which the gross income in the preceding accounting period was
£..............:
AND WHEREAS we think it expedient that the whole property of the charity be transferred to another charity, to be held and applied for, and of property of, that other charity
AND WHEREAS we have obtained from the trustees of the ..................................(here name proposed transferee charity), written confirmation that they are willing to accept a transfer of property under section 3 of the Charities Act 1985:
AND WHEREAS we have formed the opinion that the objects of the.............................Charity are not so far dissimilar in character to those of the original charitable gift that the proposed transfer would constitute an unjustifiable departure from the intentions of the founder of the.....................................Charity, or violate the spirit of the gift:
AND WHEREAS we have complied with section 3(3) of the said Act of 1985:
NOW THEREFORE we, the trustees of the...................................Charity, under and in pursuance of section 3 of the Charities Act 1985, hereby resolve that the whole property of the charity, including its permanent endowment, be transferred to the..................................Charity.
Signed: ...........................................................
...........................................................
...........................................................
TRUSTEES OF THE.....................................CHARITY
Section 4.
WHEREAS we are the trustees of the...................................Charity:
AND WHEREAS the value of the charity’s permanent endowment is £...........: (or thereabouts), anf the endowment does not consist of or comprise land or any interest in land, and its gross income in the last preceding accounting period was £.......................:
AND WHEREAS we are of the opinion that the property of the charity is too small, in relation to its objects, for any useful purpose to be achieved by expenditure of income alone:
AND WHEREAS we have complied with section 4(2) of the Charities Act 1985:
NOW THEREFORE we, the trustees of the said charity, under and in pursuance of section 4 of the Charities Act 1985, hereby resolve that the charity ought to be freed from any restrictions imposed by law with respect to expenditure of capital
Signed: .........................................................
.........................................................
.........................................................
TRUSTEES OF THE................................... CHARITY
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