Vesting order applications: trustees (or a majority) or those proposing charitable trusts may initiate statutory vesting procedures. Eligibility to apply for vesting orders depends on whether property is already held for a charitable purpose or is to be applied in trust. If already held in trust, the application must be made by the person acting in the administration of the trust, or by those persons or a majority of them where multiple administrators act. If the property is to be applied in trust, the application must be made by the person or persons proposing to apply it. An executor or administrator of a deceased trustee is deemed to be a person acting in the administration of the trust.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Vesting order applications: trustees (or a majority) or those proposing charitable trusts may initiate statutory vesting procedures.
Eligibility to apply for vesting orders depends on whether property is already held for a charitable purpose or is to be applied in trust. If already held in trust, the application must be made by the person acting in the administration of the trust, or by those persons or a majority of them where multiple administrators act. If the property is to be applied in trust, the application must be made by the person or persons proposing to apply it. An executor or administrator of a deceased trustee is deemed to be a person acting in the administration of the trust.
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