Part 14Special trusts
287Meaning of “special trust”
1
In this Act, “special trust” means property which—
a
is held and administered by or on behalf of a charity for any special purposes of the charity, and
b
is so held and administered on separate trusts relating only to that property.
2
But a special trust does not, by itself, constitute a charity for the purposes of Part 8 (charity accounts, reports and returns).