Apart from the powers conferred by the Trusts of Land and Appointment of Trustees Act 1996, 1land or buildings, not previously part of the possessions of the Duchies of Lancaster or Cornwall2, held in trust for a literary or scientific institution to which the Literary and Scientific Institutions Act 1854 applies3 may, if a sale or exchange is deemed advisable, be sold by trustees having the legal estate, by the direction or with the consent of the governing body4, if any, or exchanged for other land or buildings suitable to the purposes of the trust
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234