Charities and Trustee Investment (Scotland) Act 2005

[F143DRestricted funds reorganisations: supplementaryS

This section has no associated Explanatory Notes

In this chapter—

  • donor” means such person or body who may vary the purpose of, or any conditions imposed in relation to, restricted funds as may be specified by regulations made by the Scottish Ministers as they think fit,

  • restricted funds” means property (including money) given to a charity for a specific purpose and in respect of which conditions have been imposed as to its use,

  • a “restricted funds reorganisation scheme” is a scheme for—

    (a)

    the variation of the purpose for which restricted funds may be used,

    (b)

    the variation or removal of any condition imposed on the charity in relation to the use of restricted funds.]

Textual Amendments

F1Pt. 1 Ch. 5A inserted (1.10.2010 for specified purposes, 1.11.2012 in so far as not already in force) by Public Services Reform (Scotland) Act 2010 (asp 8), ss. 125(1), 134(7); S.S.I. 2010/321, art. 3, Sch.; S.S.I. 2012/218, art. 2