Charities Act 2006 (c. 50)

Part 2 U.K. Regulation of charities

Chapter 4 E+W Application of property cy-près

Cy-près occasions E+W

15 Application cy-près by reference to current circumstances E+W

(1) Section 13 of the 1993 Act (occasions for applying property cy-près) is amended as follows.

(2) In subsection (1)(c), (d) and (e)(iii), for “the spirit of the gift” substitute “ the appropriate considerations ”.

(3) After subsection (1) insert—

“(1A) In subsection (1) above “the appropriate considerations” means—

(a) (on the one hand) the spirit of the gift concerned, and

(b) (on the other) the social and economic circumstances prevailing at the time of the proposed alteration of the original purposes.”

Commencement Information

I1 S. 15 in force at 18.3.2008 by S.I. 2008/751, art. 2, Sch. (with art. 5)