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Charities Act 1985

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This is the original version (as it was originally enacted).

Schedule 3FORM OF RESOLUTION BY CHARITY TRUSTEES UNDER SECTION 4

WHEREAS we are the trustees of the________________________________ Charity:

AND WHEREAS the value of the charity's permanent endowment is £____________or thereabouts), and the endowment does not consist of or comprise land or any interest in land, and its gross income in the last preceding accounting period was £______________:

AND WHEREAS we are of the opinion that the property of the charity is too small, in relation to its objects, for any useful purpose to be achieved by the expenditure of income alone:

AND WHEREAS we have complied with section 4(2) of the Charities Act 1985:

NOW THEREFORE we, the trustees of the said charity, under and in pursuance of section 4 of the Charities Act 1985, hereby resolve that the charity ought to be freed from any restrictions imposed by law with respect to expenditure of capital. Signed:__________________________________________________ _________________________________________________________________________ _________________________________________________________________________ TRUSTEES OF THE________________________CHARITY

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