Upcoming Key Changes To Charity Land Disposal
Published date | 05 April 2024 |
Law Firm | Ellisons Legal |
Author | Harjot Grewal |
We have already seen several changes that have come into force last year which relate to land owned by charities.
A third stage of the implementation of the Charities Act 2022 is due in March 2024.
The new provisions include a requirement for an amended statement to be included for disposals and mortgages obtained by charities, certification requirements for trustees and regulations on new mortgages by liquidators, receivers, mortgagees or administrators.
At present, there is no requirement for charities involved in land disposals to obtain advice or a report when...
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