TRUSTEES' (RELIGIOUS, EDUCATIONAL AND CHARITABLE) VESTING ACT

ARRANGEMENT OF SECTIONS

   1   Short title

   2   Property conveyed for religious, etc, purposes, to vest in Trustees and their successors

   3   Provision as to appointment of new trustees

      SCHEDULE

 

THE TRUSTEES' (RELIGIOUS, EDUCATIONAL AND CHARITABLE) VESTING ACT

[Date of Commencement: 1853]

Cap 396.

1   Short title

   This Act may be cited as the Trustees' (Religious, Educational and Charitable) Vesting Act.

2   Property conveyed for religious, etc, purposes, to vest in Trustees and their successors

   Whatever freehold, leasehold, or other landed property has been or hereafter shall be acquired by any congregation or society of persons associated for religious purposes, or for the promotion of education, or for any eleemosynary or charitable purpose, as a chapel, meetinghouse, or other place of religious worship, or as a burial ground or cemetery, or as an hospital, poor-house, asylum, or other institution for an eleemosynary or charitable purpose, or as a dwelling-house and glebe for the minister of such congregation, or as a school-house and schoolmaster's house and grounds, or as a college, academy or seminary and grounds, or as a hall or rooms for the meeting or transaction of the business of such congregation or society, or for the furtherance of its objects; and whenever the conveyance, assignment, or other assurance of such property has been or may be taken to or in favour of a trustee or trustees, to be from time to time appointed, or of any party or parties named in such conveyance, assignment, or other assurance, or subject to any trust for the congregation or society, or of the individuals composing the same such conveyance, assignment, or other assurance shall not only vest the freehold, leasehold, or other property thereby conveyed or otherwise assured in the party or parties therein named, but shall also effectually vest such freehold, leasehold, or other property in their successors in office for the time being, and the old continuing trustees, if any, jointly, or if there be no old continuing trustees, then wholly in such successors for the time being, who may be chosen and appointed in the manner provided or referred to in or by such conveyance, assignment, or other assurance, or in any separate deed or instrument declaring the trusts thereof; or if no mode of appointment be therein prescribed or referred to, or if the power of appointment be lapsed, then in such manner as shall be agreed upon by such congregation or society, upon such or the like trusts, and with, under, and subject to the same powers and provisions as are contained or referred to in such conveyance, assignment, or other assurance, or in any such separate deed or instrument or upon which such property is held; and that without the necessity of any transfer, assignment, conveyance, or other assurance whatsoever, and whether such formality shall or shall not have been prescribed in the original conveyance, assignment, or other assurance, or in any such separate deed or instrument as aforesaid:

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