The Rules of Law And Administration Relating to Wills And Intestacies
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Sect. 5. ) " Any personal estate by will directed to be laid out in the purchase of land to or for the benefit of any charit- able uses shall, except as hereinafter provided, be held to or for the benefit of the charitable uses as though there had been no such direction to lay it out in the purchase of land. " (lb. Sect. 7; see Re Sutton, [1901] 2 Ch. 640. ) Sect. 8 enables the Court or the Charity Commissioners to sanction the retention or acquisition of land. The time may be extended by the C...ourt as often as it is desirable. (Re Sidebottom, [1901] 2 Ch. 1. ) A gift of the proceeds of sale of land is not affected by sects. 5 and 6 of the Act of 1891. {Re Wilkinson, [1902] 1 Ch. 841; Re Sidebottom, [1902] 2 Ch. 389. ) For the earlier law, see the Mortmain and Charitable Uses Act, 1888, and the statutes repealed by that Act. Where, however, there was an existing exemption under the Act of 1888, the provisions for the sale of land under the Act of 1891 do not apply. These exemptions are, first, those given by sect.
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To quickly assess the difficulty of the text, read a short excerpt:
Sect. 5. ) " Any personal estate by will directed to be laid out in the purchase of land to or for the benefit of any charit- able uses shall, except as hereinafter provided, be held to or for the benefit of the charitable uses as though there had been no such direction to lay it out in the purchase of land. " (lb. Sect. 7; see Re Sutton, [1901] 2 Ch. 640. ) Sect. 8 enables the Court or the Charity Commissioners to sanction the retention or acquisition of land. The time may be extended by the C...ourt as often as it is desirable. (Re Sidebottom, [1901] 2 Ch. 1. ) A gift of the proceeds of sale of land is not affected by sects. 5 and 6 of the Act of 1891. {Re Wilkinson, [1902] 1 Ch. 841; Re Sidebottom, [1902] 2 Ch. 389. ) For the earlier law, see the Mortmain and Charitable Uses Act, 1888, and the statutes repealed by that Act. Where, however, there was an existing exemption under the Act of 1888, the provisions for the sale of land under the Act of 1891 do not apply. These exemptions are, first, those given by sect.
What to read after The Rules of Law And Administration Relating to Wills And Intestacies?
You can find similar books in the "Read Also" column, or choose other free books by Charles Percy Sanger to read onlineMoreLess
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