Part 13

Powers to amend trusts and use capital

Supplementary

Power to alter sums etc specified in this Part
285
1
The Secretary of State may by order amend any provision listed in subsection (2)—
a
by substituting a different sum for the sum for the time being specified in that provision, ...
b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
The provisions are—
......
- section 282(1) (adjusted market value and market value of fund for purposes of resolution to spend larger fund ...).
3
The Secretary of State may by regulations amend—
a
the period of time specified in section
284A
(2)
(b)
, or
b
the multiplier in the formula set out in section
284B
(1)
,
so as to substitute a different time period or multiplier (as the case may be) for the period or multiplier for the time being specified in that provision.
Words in s. 285(1) substituted (9.11.2016) by The Transfer of Functions (Elections, Referendums, Third Sector and Information) Order 2016 (S.I. 2016/997), art. 1(2), Sch. 2 para. 25(2)(hh) (with art. 12)
S. 285(3) inserted (14.6.2023) by Charities Act 2022 (c. 6), ss. 12(3), 41(4); S.I. 2023/643, Sch. para. 4
S. 285(1)(b) and word omitted (14.6.2023) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 18(2); S.I. 2023/643, Sch. para. 20(d)
Words in s. 285(2) substituted (14.6.2023) by Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 18(3)(a); S.I. 2023/643, Sch. para. 20(d)
Words in s. 285(2) omitted (14.6.2023) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 18(3)(b); S.I. 2023/643, Sch. para. 20(d)
Pt. 13 heading substituted (14.6.2023) by Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 19; S.I. 2023/643, Sch. para. 20(e)
Word in s. 285 heading inserted (14.6.2023) by Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 21; S.I. 2023/643, Sch. para. 20(g)
Words in s. 285(2) omitted (7.3.2024) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 3(a); S.I. 2024/265, reg. 3, Sch. 1 para. 13(c)
Words in s. 285(2) omitted (7.3.2024) by virtue of Charities Act 2022 (c. 6), s. 41(4), Sch. 2 para. 3(b); S.I. 2024/265, reg. 3, Sch. 1 para. 13(c)