Charitable Trusts - Exclusively Charitable
3 important questions on Charitable Trusts - Exclusively Charitable
Chichester Diocesan Fund and Board of Finance Incorporated v Simpson [1944]
Held: The gift was void because the executors could choose benevolent objects that extended beyond what the law recognised as charitable, and it was impossible to interpret the clause so that 'or' meant 'and'.
Funnell v Stewart [1996]
Charitable Trusts (Validation) Act 1954, section 1(a) and (b)
Since this Act had only retrospective effect, it does not affect the general principle relating to modern trusts needing to have exclusively charitable purposes.
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