Part 13F6Powers to amend trusts and use capital

Annotations:
Amendments (Textual)
F6

Pt. 13 heading substituted (14.6.2023) by Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 19; S.I. 2023/643, Sch. para. 20(e)

Supplementary

285Power to alter sums F7etc specified in this Part

1

The F1Secretary of State may by order amend any provision listed in subsection (2)—

a

by substituting a different sum for the sum for the time being specified in that provision, F3...

F3b

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

The provisions are—

  • F8...

  • F9...

  • section 282(1) (F4adjusted market value and market value of fund for purposes of resolution to spend larger fund F5...).

F23

The Secretary of State may by regulations amend—

a

the period of time specified in section 284A(2)(b), or

b

the multiplier in the formula set out in section 284B(1),

so as to substitute a different time period or multiplier (as the case may be) for the period or multiplier for the time being specified in that provision.