| Commentary

199 Statements

| Commentary

4: CONVEYANCING FORMALITIES ON DISPOSITIONS

199 Statements

The Charities Act 2011 provides that all contracts for the sale, lease or other disposition of land by a charity, and all conveyances, transfers, leases and other instruments effecting such dispositions, must include a statement1:

  1. 199.1

        that the land is held by or in trust for a charity; and

  2. 199.2

        whether the charity is an exempt charity and whether the disposition falls within the Charities Act 2011 Section 117(3)(a), (b), (c) or (d)2; or

  3. 199.3

        if neither of the circumstances described in Paragraph 199.2 is applicable, that the

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial