Diocesan Stipends Funds Measure 1953

2 Moneys to be allocated to capital and income accounts. E

F1 . . . The [F2 diocesan board of finance of each diocese shall]:—

(a) allocate to the capital account of [F3 the] diocesan stipends fund—

F4 (i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(ii) any legacy not expressly directed or declared to be applicable as income and any donation or other contribution expressly directed or declared to be applicable as capital which may from time to time be received for the credit of or be allocated to that fund under the provisions of [F5 a pastoral scheme made under the Pastoral Measure 1983 or any other scheme having effect as if it were such a scheme]; and

(iii) any other money or property received for the credit of that fund which the [F6 diocesan board of finance after consultation with the bishop] may determine to be of a capital nature; and

[F7 (iv) any moneys standing to the credit of the income account of the fund which the [F8 diocesan board of finance decides] to transfer to the capital account of that fund; and]

(b) allocate to the income account of [F9 the] diocesan stipends fund—

F10 (i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(ii) any legacy expressly directed or declared to be applicable as income and any donation or other contribution not expressly directed or declared to be applicable as capital which may from time to time be received for the credit of or be allocated to that fund under the provisions of [F11 a pastoral scheme made under the Pastoral Measure 1983 or any other scheme having effect as if it were such a scheme];

(iii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F12

F10 (iv) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(v) any other money or property received for the credit of that fund which the [F13 diocesan board of finance after consultation with the bishop] may determine to be applicable as income.

Textual Amendments

F1 Words in s. 2 repealed (1.1.2001) by 2000 Measure No. 1, s. 20, Sch. 8 Pt. I; Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F2 Words in s. 2 substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(a); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F3 Word in s. 2 substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(b)(i); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F4 S. 2(a)(i) omitted (1.1.2001) by virtue of 2000 Measure No. 1, s. 4, Sch. 2 para. 3(b)(ii); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F5 Words in s. 2(a)(ii) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(b)(iii); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F6 Words in s. 2(a)(iii) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(b)(iv); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F7 S. 2(a)(iv) inserted by Endowments and Glebe Measure 1976 (No. 4), s. 35(1)

F8 Words in s. 2(a)(iv) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(b)(v); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F9 Word in s. 2(b) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(c)(i); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F10 S. 2(b)(i)(iv) omitted (1.1.2001) by virtue of 2000 Measure No. 1, s. 4, Sch. 2 para. 3(c)(ii); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F11 Words in s. 2(b)(ii) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(c)(iii); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York

F12 S. 2(b)(iii) repealed by Endowments and Glebe Measure 1976 (No. 4), Sch. 8

F13 Words in s. 2(b)(v) substituted (1.1.2001) by 2000 Measure No. 1, s. 4, Sch. 2 para. 3(c)(iv); Instrument dated 14.12.2000 made by the Archbishops of Canterbury and York