11Co-operative use of property

11 Co-operative use of property

11 Co-operative use of property

(1) In this section, scheme of co-operation means a scheme entered into by the Trust—

(a) with or involving a church of another denomination or any congregation or activity of such a church, and

(b) concerning the use of trust property.

(2) The Trust may permit trust property to be used, managed and administered for the purposes of a scheme of co-operation on such terms and conditions as the Trust determines.

(3) Any proceeds obtained by the Trust from a scheme of co-operation are to be applied in the manner determined by the Trust.

(4) Conditions that the Trust may determine under this section include—

(a) conditions with respect to the making of monetary contributions for the acquisition, construction, alteration, maintenance or repair of property vested in or held on behalf of a co-operating church or congregation, and

(b) the giving or taking of a security or charge over any property.

(5) Trust property may be used pursuant to a scheme of co-operation except to the extent that the property is subject to an express trust expressly forbidding its use in that manner.

(6) Trust property merely directed to be held on trust for the worship or purposes of the Church is not to be taken to be property that is subject to an express trust expressly forbidding its use pursuant to a scheme of co-operation.