http://www.legislation.gov.uk/ukpga/Geo5/7-8/55/schedule/part/4/1991-02-01Chequers Estate Act 1917An Act to confirm and give effect to a deed of settlement relating to the Chequers Estate and other property and for purposes connected therewith.1978-09-30texttext/xmlenStatute Law Database2024-04-021991-02-01 SCHEDULEIV.—Trusts4The custodian trustee shall hold the said hereditaments conveyed by clause 2 of these presents after the cesser of the prior trusts in favour of the settlor and Lady Lee or after the prior determination thereof in their lifetime or in the lifetime of the survivor of them Upon trust to let the administrative trustees (hereinafter appointed) into possession of the said Chequers Estate and receipt of the rents and profits thereof except as herein provided and into possession of the said manors and advowson and into possession of the said furniture pictures tapestry books manuscripts china relics works of art silver linen and other effects and to permit and suffer them without any inquiry interference or question whatsoever to manage the same as if they were absolute owners thereof Provided nevertheless as follows:—aThat if the settlor and Lady Lee or the survivor of them shall at any time surrender their his or her life interest in the said premises so as to accelerate the preceding trust then at the request of the parties or party surrendering the same the custodian trustee shall permit them him or her to retain during their his or her lives or life without impeachment of waste any part of the Chequers Estate not exceeding an area of five acres and not being at any point nearer to the mansion house of Chequers than one-third of a mile as a site for a small house as a residence for them him or her (such residence after the death of the survivor of them to be available for the secretary and curator hereinafter mentioned);bThat the settlor and Lady Lee shall have the right of burial on the hill called “Beacon Hill’; andcThat in the event of and notwithstanding such surrender of such life interest or interests the settlor (if then living) is to have control and management and to receive for his own benefit the profits of the Chequers farms and of the woodlands during his life or for such shorter period as he may determine and to appoint (in consultation with the administrative trustees and with the Board of Agriculture and Fisheries) the first manager after his death or prior surrender of the interests reserved to him under this sub-clause.In the deed, as amended by Chequers Estate Act 1958 (c. 60), Sch. paras. 1–17, any reference to the Chequers Estate shall (notwithstanding the definition of that expression in the recital in the deed) be construed as a reference to so much of the hereditaments conveyed by the indenture dated 5.4.1917 referred to in the said recitals as for the time being remains vested in the custodian trustee (as defined by the deed as so amended) in his capacity as custodian trustee thereunder: Chequers Estate Act 1958 (c. 60), Sch. para 18
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<Number>IV.—Trusts</Number>
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<Text>The custodian trustee shall hold the said hereditaments conveyed by clause 2 of these presents after the cesser of the prior trusts in favour of the settlor and Lady Lee or after the prior determination thereof in their lifetime or in the lifetime of the survivor of them Upon trust to let the administrative trustees (hereinafter appointed) into possession of the said Chequers Estate and receipt of the rents and profits thereof except as herein provided and into possession of the said manors and advowson and into possession of the said furniture pictures tapestry books manuscripts china relics works of art silver linen and other effects and to permit and suffer them without any inquiry interference or question whatsoever to manage the same as if they were absolute owners thereof Provided nevertheless as follows:—</Text>
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<Text>That if the settlor and Lady Lee or the survivor of them shall at any time surrender their his or her life interest in the said premises so as to accelerate the preceding trust then at the request of the parties or party surrendering the same the custodian trustee shall permit them him or her to retain during their his or her lives or life without impeachment of waste any part of the Chequers Estate not exceeding an area of five acres and not being at any point nearer to the mansion house of Chequers than one-third of a mile as a site for a small house as a residence for them him or her (such residence after the death of the survivor of them to be available for the secretary and curator hereinafter mentioned);</Text>
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<Text>That the settlor and Lady Lee shall have the right of burial on the hill called “Beacon Hill’; and</Text>
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<Pnumber>c</Pnumber>
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<Text>That in the event of and notwithstanding such surrender of such life interest or interests the settlor (if then living) is to have control and management and to receive for his own benefit the profits of the Chequers farms and of the woodlands during his life or for such shorter period as he may determine and to appoint (in consultation with the administrative trustees and with the Board of Agriculture and Fisheries) the first manager after his death or prior surrender of the interests reserved to him under this sub-clause.</Text>
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<Text>
In the deed, as amended by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/1958/60" id="c00063" Year="1958" Class="UnitedKingdomPublicGeneralAct" Number="60" Title="Chequers Estate Act 1958">Chequers Estate Act 1958 (c. 60)</Citation>
,
<CitationSubRef id="c00064" URI="http://www.legislation.gov.uk/id/ukpga/1958/60/schedule/paragraph/1" UpTo="http://www.legislation.gov.uk/id/ukpga/1958/60/schedule/paragraph/17" Operative="true" CitationRef="c00063" Type="group" StartSectionRef="schedule-paragraph-1" EndSectionRef="schedule-paragraph-17">Sch. paras. 1–17</CitationSubRef>
, any reference to the Chequers Estate shall (notwithstanding the definition of that expression in the recital in the deed) be construed as a reference to so much of the hereditaments conveyed by the indenture dated 5.4.1917 referred to in the said recitals as for the time being remains vested in the custodian trustee (as defined by the deed as so amended) in his capacity as custodian trustee thereunder:
<Citation URI="http://www.legislation.gov.uk/id/ukpga/1958/60" id="c00065" Year="1958" Class="UnitedKingdomPublicGeneralAct" Number="60" Title="Chequers Estate Act 1958">Chequers Estate Act 1958 (c. 60)</Citation>
,
<CitationSubRef id="c00066" URI="http://www.legislation.gov.uk/id/ukpga/1958/60/schedule/paragraph/18" Operative="true" CitationRef="c00065" SectionRef="schedule-paragraph-18">Sch. para 18</CitationSubRef>
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