PART IIIMISCELLANEOUS PROVISIONS AS TO CHARITY TRUSTEES
26Power of two-thirds of trustees to act for certain purposes.
1
Subject to subsection (2), where four or more trustees are for the time being acting in the administration of a charity, not less than two-thirds of the number of trustees so acting may, in the names and on behalf of the trustees of the charity, make any application, perform any act or exercise any power, specified in subsection (3).
2
Where the terms of a charitable trust require a minimum of four or more trustees to act, then if that minimum number is for the time being acting, not less than two-thirds of that number may, in the names and on behalf of the trustees of the charity, make any application, perform any act or exercise any power, specified in subsection (3).
3
The said applications, acts and powers are as follows, namely:—
a
to make any application to the Ministry under this Act;
b
to perform such acts and enter into such contracts as may be necessary for the purpose of disposing of any property belonging to the charity;
c
to execute such assurances or other deeds or instruments as may be necessary for the purpose of giving effect to any disposition of any property belonging to the charity;
d
to exercise any power conferred on the trustees of a charity by or under this Act.
4
For the purposes of subsection (1) or (2) where two-thirds of a number is a whole number and a fraction, the whole number and fraction shall be taken to be the next higher whole number.
5
An application made, act performed or power exercised by virtue of subsection (1) or (2) shall have the same effect as if made or exercised by all the trustees for the time being acting in relation to the charity concerned.