Need for an order under section 36 of the 1993 Act in relation to a new exempt charity
This section has no associated Explanatory Memorandum
8.—(1) Section 36 of the 1993 Act continues to apply to a relevant disposition of land held by or in trust for a new exempt charity as it applies to a disposition of land held by or in trust for a charity which is not an exempt charity.
(2) A disposition of land held by or in trust for a new exempt charity is a “relevant disposition” if—
(a)the charity trustees proposed that the land in question be disposed of (whether by conveyance, transfer, lease or otherwise) before the appointed day; but
(b)the relevant disposition had not been effected before that day.