icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Charities Act, 1961 (No. 17)Introductory TextActs Referred toPart I Preliminary and General (ss. 1-4)1. Short title and commencement.2. Interpretation.3. Expenses.4. Repeals.Part II  The Commissioners of Charitable Donations and Bequests for Ireland and their Jurisdiction (ss. 5-44)Chapter I The Board (ss. 5-19)5. Continuance of Board.6. Power to hold land.7. Constitution.8. Membership.9. Procedure.10. Officers and servants.11. Seal.12. Minutes of proceedings.13. Membership of Board not to disqualify Judge from hearing charity cases.14. Audit of Accounts.15. Report.16. Restriction on payment by Board of solicitor's costs.17. Indemnity of Board and persons acting under their direction.18. Service of notices on Board.19. Costs of Board to be borne by charity.Chapter II Jurisdiction and powers of the Board (ss. 20-44)20. Power to grant exemption from obligation to publish advertisements of charitable devises and bequests.21. Power to advise charity trustees as to administration of trusts.22. Compromise of claims by or against a charity.23. Power to sue for recovery of charitable gifts improperly withheld, concealed, or misapplied.24. Recovery of charitable gifts.25. Power of Board to authorise or direct institution of legal proceedings in a charity matter.26. Power of Board to certify certain charity cases to the Attorney General.27. Power of Board to apply for conduct of administration suits and suits for carrying out trusts of wills in case of delay.28. Power of Board to apply for transfer of unapplied charity fund in Court.29. Power of Board to frame schemes applying property cy-près.30. Alteration of schemes under Educational Endowments (Ireland) Act, 1885.31. Acceptance by Board of gift for charitable purposes.32. Investment of charity fund.33. Leave to invest charity fund held subject to prior limited interest.34. Power of Board to authorise or make sale, exchange, certain other dispositions of, or mortgages of charity land.35. Power of Board to authorise sale of periodical payment belonging to a charity and payable out of land.36. Power of Board to authorise purchase of periodical payment payable out of charity land.37. Power of Board or trustees of charity, with authority of Board, to let land, etc., to do repairs, etc., and raise money for those purposes.38. Investment of proceeds of sale, etc., in name of Board.39. Power of Board or trustees of charity to purchase sites for buildings from owners under disability according to Lands Clauses Consolidation Act, 1845.40. Validity of sales, etc., authorised by Board.41. Power of Board to give effectual receipt of payments for charitable purposes where no person available or competent to do so.42. Power of Board to require copies of public documents relating to charities and to examine and search records.43. Power of Board to appoint new trustees of charity.44. Taxation of solicitor's costs.Part III Miscellaneous Provisions in Relation to Charities (ss. 45-59)45. Gifts for the advancement of religion.46. Schemes to establish common investment funds.47. Occasions for applying property cy-près.48. Application cy-près of gifts of donors unknown or disclaiming.49. Construction of gifts for mixed purposes.50. Gifts for graves and memorials.51. Power to apply to High Court for directions.52. Duty of executors to publish advertisements of charitable devises and bequests if required by Board.53. Notice of legal proceedings to be given to Board.54. Deeds, etc., may be deposited by trustees of charity in repository provided by Board.55. Power of majority of two-thirds of trustees to deal with charity property.56. Provision in relation to bodies corporate acting as sole trustees in certain cases.57. Resignation of member of governing body of charitable foundation and filling of vacancy.58. Probate Officer to make annual return to Board of charitable devises and bequests.59. Power to meet a particular deficit.Schedule - Repeals
Page Overview
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 22nd December 2024
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 July 1973 - onwards
Version 3 of 3

33. Leave to invest charity fund held subject to prior limited interest.

Where -

(1) any fund is held upon trust, after the determination of or subject to any prior life interest or other limited interest, for any charitable purposes, and

(2) the trustees give notice to the Board in writing that they desire to invest or vary the investment of the fund,

the following provisions shall have effect -

(a) the Board shall consider the proposal and inform the trustees in writing whether or not they object to the proposal;

(b) if the Board inform the trustees that they object to the proposal, the trustees may apply to the High Court for leave to make or vary the investment and shall give notice of the application to the Board and to such other persons as the Court may direct, and the Court may make such order thereon as the Court thinks fit;

(c) if the Board inform the trustees that they do not object to the proposal, it shall be lawful for the trustees to make or vary the investment in the manner specified in the proposal.

PreviousNext