67 Cy-près schemes

67  Cy-près schemes

(1)     The power of the court or the Commission to make schemes for the application of property cy-près must be exercised in accordance with this section.

(2)     Where any property given for charitable purposes is applicable cy-près, the court or the Commission may make a scheme providing for the property to be applied—

(a)     for such charitable purposes, and

(b)     (if the scheme provides for the property to be transferred to another charity) by or on trust for such other

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