The Society, a charitable company regulated by statute, requested that it be permitted inter alia, to consolidate various different trust funds of which it was trustee for investment and accounting purposes.
Held: The application did not come within s 57 of the 1925 Act or alternatively under what he called ‘the rather ill-defined scope of the court’s general jurisdiction’. However, Vaisey J held that the Court had power under its special jurisdiction relating to charities to consider the applications. The conferment of a limited power did not give rise to an implied prohibition against any action outside that limit.
Vaisey J
[1956] 1 Ch 87
Trustee Act 1925 57
England and Wales
Cited by:
Cited – Attorney General v British Museum ChD 27-May-2005
The trustees brought a claim against the Attorney-General seeking clarification of their duties and powers to return objects which were part of the collection in law, but where a moral duty might exist to return it to a former owner. Here drawings . .
Cited – Lehtimaki and Others v Cooper SC 29-Jul-2020
Charitable Company- Directors’ Status and Duties
A married couple set up a charitable foundation to assist children in developing countries. When the marriage failed an attempt was made to establish a second foundation with funds from the first, as part of W leaving the Trust. Court approval was . .
Lists of cited by and citing cases may be incomplete.
Updated: 25 August 2021; Ref: scu.225534 br>