Constitution
Investment
53) Funds which are not required for immediate use must be placed on deposit or invested.
54) Investments and other property of the Charity may be held:
- a) in the names of the Trustees;
- b) in the name of a nominee (being a corporate body registered or having an established place of business in England and Wales) under the control of the Trustees or of a financial expert acting on their instructions;
- c) in the name of a trust corporation as a holding trustee for the Charity which must be appointed (and may be removed) by deed executed by the Trustees; or
- d) in the case of land, by the Official Custodian for Charities under an order of the Charity Commission or the Court.
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All Saints
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Lydiard Tregoze
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Westlea
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