(1)The Charities Act 2011 is amended as follows.
(2)In section 117(3) (exceptions to restrictions on dispositions of charity land)—
(a)after paragraph (a) insert—
“(aa)any disposition by a liquidator, provisional liquidator, receiver, mortgagee or an administrator,”;
(b)omit paragraph (b);
(c)for paragraph (c) (but not the “or” following it) substitute—
“(c)any disposition of land held by or in trust for a charity which is made to another charity otherwise than as—
(i)a disposition made with a view to achieving the best price that can reasonably be obtained, or
(ii)a disposition that is a social investment for the purposes of Part 14A (social investments),”.
(3)In section 124(9) (restrictions on mortgages)—
(a)after paragraph (a) (and the “or” following it) insert—
“(aa)granted by a liquidator, provisional liquidator, receiver, mortgagee or an administrator.”;
(b)omit paragraph (b).
Commencement Information
I1S. 18 not in force at Royal Assent, see s. 41(4)
I2S. 18(1) in force at 7.3.2024 for specified purposes by S.I. 2024/265, reg. 3, Sch. 1 para. 4(a)
I3S. 18(2)(a)(c)(3)(a) in force at 7.3.2024 by S.I. 2024/265, reg. 3, Sch. 1 para. 4(b)-(d)