Charities Act 2022, Section 18 is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The Charities Act 2011 is amended as follows.
(2)In section 117(3) (exceptions to restrictions on dispositions of charity land)—
(a)after paragraph (a) insert—
“(aa)any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator,”;
(b)omit paragraph (b);
(c)for paragraph (c) (but not the “or” following it) substitute—
“(c)any disposition of land held by or in trust for a charity which is made to another charity otherwise than as—
(i)a disposition made with a view to achieving the best price that can reasonably be obtained, or
(ii)a disposition that is a social investment for the purposes of Part 14A (social investments),”.
(3)In section 124(9) (restrictions on mortgages)—
(a)after paragraph (a) (and the “or” following it) insert—
“(aa)granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator.”;
(b)omit paragraph (b).
Commencement Information
I1S. 18 not in force at Royal Assent, see s. 41(4)
I2S. 18(1) in force at 7.3.2024 for specified purposes by S.I. 2024/265, reg. 3, Sch. 1 para. 4(a)
I3S. 18(2)(a)(c)(3)(a) in force at 7.3.2024 by S.I. 2024/265, reg. 3, Sch. 1 para. 4(b)-(d)
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