Part 6Cy-près powers and assistance and supervision of charities by court and Commission

Official custodian and Reverter of Sites Act 1987

92Divestment of official custodian where 1987 Act due to operate

1

Subsection (2) applies where—

a

any land is vested in the official custodian in trust for a charity, and

b

it appears to the Commission that section 1 of the 1987 Act (right of reverter replaced by trust) will, or is likely to, operate in relation to the land at a particular time or in particular circumstances.

2

The jurisdiction which, under section 69, is exercisable by the Commission for the purpose of discharging a trustee for a charity may, at any time before section 1 of the 1987 Act operates in relation to the land, be exercised by the Commission of its own motion for the purpose of—

a

making an order discharging the official custodian from the trusteeship of the land, and

b

making such vesting orders and giving such directions as appear to the Commission to be necessary or expedient in consequence.

3

In this section and sections 93 to 95—

a

“the 1987 Act” means the Reverter of Sites Act 1987, and

b

any reference to section 1 of the 1987 Act operating in relation to any land is a reference to a trust arising in relation to the land under that section.