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CHARITABLE TRUSTS ACT 1993 - SECT 9 Extension of the occasions for applying trust property cy pres

CHARITABLE TRUSTS ACT 1993 - SECT 9

Extension of the occasions for applying trust property cy pres

9 Extension of the occasions for applying trust property cy pres

(1) The circumstances in which the original purposes of a charitable trust can be altered to allow the trust property or any part of it to be applied cy pres include circumstances in which the original purposes, wholly or in part, have since they were laid down ceased to provide a suitable and effective method of using the trust property, having regard to the spirit of the trust.
(2) References in this section to the original purposes of a charitable trust are to be construed, if the application of the trust property or any part of it has been altered or regulated by a scheme or otherwise, as references to the purposes for which the trust property are for the time being applicable.