GLOSSARY

Imperfect trust provision definition

What does Imperfect trust provision mean?

Any provision declaring the objects for which property is to be held or applied, and so describing those objects that, consistently with the terms of the provision, the property could be used exclusively for charitable purposes, but could nevertheless be used for purposes which are not charitable .

An imperfect trust provision is a defined in the Charitable Trusts (Validation) Act 1954 (CT(V)A 1954), s 1(1). A trust provision falls within this definition only if it enables the property to be used exclusively for charitable purposes. CT(V)A 1954 validates imperfect trust provisions contained in instruments taking effect before 16 December 1952.

Discover our 1 Practice Notes on Imperfect trust provision

Imperfect trust provision is referenced 1 in Halsbury's Laws of England

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