121 Additional restrictions where land held for stipulated purposes

121  Additional restrictions where land held for stipulated purposes

(1)     Subsection (2) applies where—

(a)     any land is held by or in trust for a charity, and

(b)     the trusts on which it is so held stipulate that it is to be used for the purposes, or any particular purposes, of the charity.

(2)     The land must not be conveyed, transferred, leased or otherwise disposed of unless the charity trustees have before the relevant time—

(a)     given public notice of the proposed disposition, inviting representations to be made to them within a time specified in the notice,

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