Part 16E+WCharity mergers

Vesting declarations and effect of merger on certain giftsE+W

312“Transferor” and “transferee” etc. in s.310 and s.311E+W

(1)In sections 310 and 311—

(a)any reference to the transferor, in relation to a relevant charity merger, is a reference to the transferor (or one of the transferors) within the meaning of section 306, and

(b)any reference to all of the transferor's property, where the transferor is a charity within section 306(2), is a reference to all of the transferor's unrestricted property (within the meaning of section 306(2)(a)).

(2)In sections 310 and 311, any reference to the transferee, in relation to a relevant charity merger, is a reference to—

(a)the transferee (within the meaning of section 306), if it is a company or other body corporate, and

(b)otherwise, the charity trustees of the transferee (within the meaning of section 306).

Modifications etc. (not altering text)