Part 16Charity mergers
Vesting declarations and effect of merger on certain gifts
C1312“Transferor” and “transferee” etc. in s.310 and s.311
1
In sections 310 and 311—
a
any reference to the transferor, in relation to a relevant charity merger, is a reference to the transferor (or one of the transferors) within the meaning of section 306, and
b
any reference to all of the transferor's property, where the transferor is a charity within section 306(2), is a reference to all of the transferor's unrestricted property (within the meaning of section 306(2)(a)).
2
In sections 310 and 311, any reference to the transferee, in relation to a relevant charity merger, is a reference to—
a
the transferee (within the meaning of section 306), if it is a company or other body corporate, and
b
otherwise, the charity trustees of the transferee (within the meaning of section 306).