Subject to the terms upon which the land had been conveyed to them, charitable corporations and charity trustees had the power to sell, lease or mortgage charity land. But any such transaction might be set aside in equity unless it was shown to be beneficial to the charity. The onus to establish that it was beneficial to the charity was on the purchaser.
Citations:
(1841) 4 Beav 453
Jurisdiction:
England and Wales
Cited by:
Cited – Bayoumi v Women’s Total Abstinence Union Ltd and Another CA 5-Nov-2003
A charity entered into a contract for the sale of land. It failed to comply with the requirements under the Act. The purchaser assigned the benefit of the contract, to the claimant who sought to enforce the contract.
Held: The section only . .
Lists of cited by and citing cases may be incomplete.
Charity
Updated: 06 December 2022; Ref: scu.235720