A company formed for the purpose of promoting art, science, religion, charity, or any other like object, not involving the acquisition of gain by the company or by its individual members, shall not, without the licence of the Board of Trade, hold more than two acres of land; but the Board may by licence empower any such company to hold lands in such quantity, and subject to such conditions, as the Board think fit.
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 1964 - onwards
19. Restriction on charitable and other companies holding land.
Repealed from 1 April 1964