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Charities Act 2022
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18Exceptions to restrictions on dispositions or mortgages of charity land
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(1)The Charities Act 2011 is amended as follows.
(2)In section 117(3) (exceptions to restrictions on dispositions of charity land)—
(a)after paragraph (a) insert—
“(aa)any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator,”;
(b)omit paragraph (b);
(c)for paragraph (c) (but not the “or” following it) substitute—
“(c)any disposition of land held by or in trust for a charity which is made to another charity otherwise than as—
(i)a disposition made with a view to achieving the best price that can reasonably be obtained, or
(ii)a disposition that is a social investment for the purposes of Part 14A (social investments),”.
(3)In section 124(9) (restrictions on mortgages)—
(a)after paragraph (a) (and the “or” following it) insert—
“(aa)granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator.”;
(b)omit paragraph (b).
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