Part 18Miscellaneous and supplementary
Administrative provisions about charities
334Transfer and evidence of title to property vested in trustees
(1)
Subsection (2) applies where, under the trusts of a charity, trustees of property held for the purposes of the charity may be appointed or discharged by resolution of a meeting of the charity trustees, members or other persons.
(2)
A memorandum declaring a trustee to have been so appointed or discharged is sufficient evidence of that fact if the memorandum—
(a)
is signed either at the meeting by the person presiding or in some other manner directed by the meeting, and
(b)
is attested by two persons present at the meeting.
(3)
A memorandum evidencing the appointment or discharge of a trustee under subsection (2), if executed as a deed, has the same operation under section 40 of the Trustee Act 1925 (vesting declarations as respects trust property in deeds appointing or discharging trustees) as if the appointment or discharge were effected by the deed.
(4)
For the purposes of this section, where a document purports to have been signed and attested as mentioned in subsection (2), then on proof (whether by evidence or as a matter of presumption) of the signature the document is presumed to have been so signed and attested, unless the contrary is shown.
(5)
This section applies to a memorandum made at any time, except that subsection (3) applies only to those made on or after 1 January 1961.
(6)
This section applies in relation to any institution to which the Literary and Scientific Institutions Act 1854 applies as it applies in relation to a charity.
(7)
No vesting or transfer of any property in pursuance of any provision of this section operates as a breach of a covenant or condition against alienation or gives rise to a forfeiture.