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Endowments and Glebe Measure 1976

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Commencement Orders

This section lists the commencement orders yet to be applied to the whole Measure. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing. Where applicable the commencement orders are listed under two headings, firstly those that bring some part of the Measure you are viewing into force and secondly, those that bring into force legislation that affects some part of the legislation you are viewing. If you are viewing a prospective version or there is a prospective version available there may be commencement orders listed here that are relevant to the provision you are viewing.

Commencement Orders bringing legislation that affects this Measure into force:

Financial provisionsE+W+S+N.I.

35 Further provisions relating to diocesan stipends funds. E+W+S+N.I.
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Modifications etc. (not altering text)

C1The text of ss. 9, 18(4)(5), 35, 38(1), 41, 44, 47(1)(4), Sch. 5 and Sch. 8 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991

(1)At the end of paragraph (a) of section 2 of the M1Diocesan Stipends Funds Measure 1953 (moneys to be allocated to capital and income accounts), there shall be inserted the following sub-paragraph :—

(iv)any moneys standing to the credit of the income account of the fund which the Commissioners with the consent of the diocesan board of finance concerned decide to transfer to the capital account of that fund ; and.

(2)For section 4 of the said Measure of 1953 there shall be subtituted the following section :—

4(1)Subject to any charges imposed on the capital of the diocesan stipends fund of a diocese by any enactment or any scheme or oder made under any enactment, moneys standing to the credit of the capital account of that fund may, at the discretion of the Commissioners on the request of the bishop made with the concurrence of the diocesan board of finance, be applied for any or all of the following purposes:—

(a)the acquisition of any land to be held by the board as part of the diocesan glebe land of the diocese ;

(b)the development or improvement of any such land and the safeguarding of the amenities thereof ;

(c)the discharge of any expense of a capital nature levied uner any enactment and payable by the diocesan board of finance as the person for the time being entitled to the interest in any such land by reference to which the expense was levied ;

(d)the discharge of any principal or interest owing in respect of any loan made in respect of any such land ; and

(e)the discharge of any principal or interest owing in respect of any loan made to the board by the Commissioners under section 36 of the Endowments and Glebe Measure 1976.

(2)In this section “development”, in relation to a building, includes the division or demolition thereof and “diocesan glebe land” has the same meaning as in the Endowments and Glebe Measure 1976.

(3)For subsection (3) of section 5 of the M2Parsonages Measure 1938 there shall be substituted the following subsection :—

(3)Any moneys arising from any sale or exchange of any part of the property of a benefice under this Measure, in so far as they shall not be applied and disposed of under the foregoing provisions of this section or under section 36(2) of the Endowments and Glebe Measure 1976, shall be allocated by the Church Commissioners to the capital account of the diocesan stipends fund of the diocese to which the benefice belongs.

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Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.

Modifications etc. (not altering text)

C1The text of ss. 9, 18(4)(5), 35, 38(1), 41, 44, 47(1)(4), Sch. 5 and Sch. 8 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991

Marginal Citations

[F135A Moneys arising from investments of the capital moneys in diocesan stipends funds.E

(1)The proceeds of, or the capital moneys arising from, any sale, exchange or other dealing with investments [F2or deposits]made by a Diocesan Board of Finance under section 4(1) of the Diocesan Stipends Funds Measure 1953 less the costs, charges and expenses directly attributable to the transaction in question [F3shall be allocated to the capital account of its diocesan stipends fund].

(2)All dividends or other payments in the nature of income received by a Diocesan Board of Finance in respect of the investment [F2or deposit]of any moneys standing to the credit of the capital account of the diocesan stipends fund of the diocese concerned [F3shall be allocated] to the income account of that fund.

F4(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]

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Amendments (Textual)

36 Provisions with respect to loans to Diocesan Boards of Finance.E+W+S+N.I.

(1)The Commissioners shall have power to make to a Diocesan Board of Finance, and any such Board shall have power to receive, loans of such amounts, on such terms, and subject to the payment of interest at such rate, as the Commissioners think fit for any or all of the following purposes:—

(a)the acquisition of any land to be held by the Board as part of the diocesan glebe land of the diocese;

(b)the development or improvement of any such land and the safeguarding of the amenities thereof;

(c)the discharge of any principal or interest owing under any mortgage on any such land; and

(d)the provision, development or improvement of parsonage land and the safeguarding of the amenities thereof.

(2)Where a loan has been made to a Diocesan Board of Finance by the Commissioners or any other person for any purpose specified in paragraph (d) of subsection (1) above and the parsonage land in connection with which the loan was made is subsequently sold or exchanged under the M3Parsonages Measure 1938, then, without prejudice to section 5(2) of that Measure, any moneys arising from the sale or exchange may be applied by the Commissioners in or towards the discharge of any principal or interest which remains owing in respect of that loan.

(3)In this section “development”, in relation to a building, includes the division or demolition thereof.

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Marginal Citations

F537. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E

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Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.

Amendments (Textual)

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