1093. Powers of Secretary of State or the Welsh Ministers to accept endowments.

(iv)     Endowments for the Upkeep of Historic Buildings

1093.     Powers of Secretary of State or the Welsh Ministers to accept endowments.

Where any instrument coming into operation after 31 July 19531 contains a provision purporting to be a gift2 of property3 to the Secretary of State or, in relation to Wales, the Welsh Ministers4 upon trust to use the income of it, either for a limited time or in perpetuity, for or towards the upkeep of:

  1.  

    (1)     a building acquired or accepted by the Secretary of State or the Welsh Ministers under their statutory powers5 or a building