Part 11Property and finance

Chapter 2Trusts

C1217Trusts: supplementary provisions

1

This section applies in relation to—

F4a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

sections F7213 and 214,

c

section 216,

d

section 218,

e

section 220,

F5ea

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F6eb

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2f

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3g

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F9h

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and

i

F8paragraph 8 of Schedule 6.

2

A provision—

a

contained in a provision to which this section applies,

b

for the transfer of any property,

includes provision for the transfer of any rights and liabilities arising from that property.

3

Where a transfer of property by virtue of a provision to which this section applies is of, or includes—

a

land held on lease from a third party, or

b

any other asset leased or hired from a third party or in which a third party has an interest,

the transfer is binding on the third party notwithstanding that, apart from this subsection, it would have required his consent or concurrence.

4

Third party” means a person other than the Secretary of State or an NHS body.

5

Nothing in a provision to which this section applies affects any power of Her Majesty, F1the court (as defined in the Charities Act 2011) or any other person, to alter the trusts of any charity.

6

Nothing in section 12 of the Finance Act 1895 (c. 16) (which requires certain Acts and certain instruments relating to the vesting of property by virtue of an Act to be stamped as conveyances on sale) applies to—

a

a provision to which this section applies, or

b

an order made in pursuance of any such provision.

7

Stamp duty is not payable on an order falling within subsection (6)(b).