14 Restriction on accumulation for charitable trusts
Perpetuities and Accumulations Act 2009 (2009 c 18) | Legislation

14  Restriction on accumulation for charitable trusts

(1)     This section applies to an instrument to the extent that it provides for property to be held on trust for charitable purposes.

(2)     But it does not apply where the provision is made by a court or the Charity Commission for England and Wales.

(3)     If the instrument imposes or confers on the trustees a duty or power

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