5 Jurisdiction of . . . F1 Charity Commissioners.E
(1)In the adminstration of an Investment Fund or of a Deposit Fund the Central Board shall enjoy the same exemption from the powers and jurisdiction of . . . F1 the Board of Charity Commissioners for England and Wales as it would enjoy if it had been one of the bodies exempted by section sixty-two of the M1Charitable Trusts Act 1853 from the operation of that Act.
(2)A contribution to or a withdrawal from an Investment Fund (whether or not involving a transfer of land or any interest therein) or a deposit in or withdrawal from a Deposit Fund, being a contribution deposit or withdrawal made in respect of a fund to which this Measure applies, shall not require the consent or direction of . . . F1 the Board of Charity Commissioners for England and Wales . . . F2
(3)Save as aforesaid nothing in this Measure or in the Scheduled Scheme shall affect any power or jurisdiction of the . . . F1 Board of Charity Commissioners.
Textual Amendments
F1Words repealed by Statute Law (Repeals) Act 1978 (c. 45), s. 1, Sch. 1 Pt. II
F2Words repealed by Charities Act 1960 (c. 58), Sch. 7, Pt. I
Marginal Citations