(1)Where the trustees of a charity are of opinion that in relation to any land belonging to the charity it would be for the benefit of the charity—
(a)to let any part of the land—
(i)on building, repairing, improving or other leases; or
(ii)on leases for working any mines or minerals;
(b)to dig for or raise any stone, clay, gravel or other minerals on the land;
(c)to cut any timber on the land;
(d)to make any new road or street, or lay any drains or sewers, through the land;
(e)to erect any new building or repair, alter, rebuild or remove any existing building on the land;
(f)to make any other improvements or alterations in or on the land;
they may make proposals in writing in that behalf to the Ministry.
(2)Where the Ministry is of opinion that any proposals made to it under subsection (1) would be for the benefit of the charity concerned, the Ministry may confer power to execute the proposals (with or without modifications), subject to such conditions as it may specify.
(3)The Ministry may, in relation to any proposals made to it under subsection (1), confer power to apply any funds belonging to the charity to which the proposals relate for any of the purposes referred to in subsection (1).
(4)The Ministry may, in relation to any charity of which it is the trustee, make such leases and perform such acts as are described in subsection (1), as it considers to be for the benefit of the charity.