A charity performance
Language: English Series: Estates Gazette ; (0729) 21 July 2007, 134-136(3)Publication details: 2007Subject(s): Summary: Examines the rules relating to the disposal of assets by charities. Statutory provisions for this were first introduced in 1992. They now apply to land, leases, easements, mortgages and equitable interests. The consent of the Charity Commission is always required when an asset is transferred to a connected person. In other cases, the charity can effect disposal provided its trustees take valuation advice that the terms of disposal are the best that can reasonably be obtained.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L139221 (Browse shelf(Opens below)) | 1 | Available | 139221-1001 |
Examines the rules relating to the disposal of assets by charities. Statutory provisions for this were first introduced in 1992. They now apply to land, leases, easements, mortgages and equitable interests. The consent of the Charity Commission is always required when an asset is transferred to a connected person. In other cases, the charity can effect disposal provided its trustees take valuation advice that the terms of disposal are the best that can reasonably be obtained.