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Charities Act 2022
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- UK Public General Acts
- 2022 c. 6
- SCHEDULE 2
- PART 1
- Paragraph 20
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Amendment relating to sections 10 and 12 of this Act
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20In section 24 of the Cathedrals Measure 2021 (No. 2) (investment powers, etc), after subsection (7) insert—
“(7A)The members of the Chapter of a cathedral may not pass a resolution under—
(a)section 282 of the Charities Act 2011 (resolution to spend larger fund), or
(b)section 284A of that Act (power to borrow from permanent endowment),
unless the Chapter has obtained the consent of the Church Commissioners.”
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