8Provisions affecting property of the Fellowship

8 Provisions affecting property of the Fellowship

8 Provisions affecting property of the Fellowship

(1) The Fellowship shall hold land described in Schedule 5 that is vested in it by section 6, and land that becomes vested in it pursuant to section 7, subject to the provisions of and upon the trusts of Schedule 3.

(2) The Fellowship shall hold property (other than land referred to in subsection (1)) in trust for the purposes of the Fellowship and upon any other trust affecting the property.

(3) Subject to subsection (2), the Fellowship shall hold property (other than land referred to in subsection (1)) in accordance with the directions and resolutions of the Assembly.

(4) All land which pursuant to section 6 or 7 becomes vested in the Fellowship is freed and discharged from all of the provisions and trusts of The Congregational Union Incorporation Act.

(5) Except in relation to the trusts declared by The Congregational Union Incorporation Act, the vesting effected by section 6 or 7 shall be without prejudice to:

(a) any special trust,

(b) any resulting trust,

(c) any trust in favour of a donor, and

(d) any reservation, mortgage, charge, encumbrance, lien or lease,

that, immediately before the vesting, affected the land vested.

(6) No attornment to the Fellowship by any lessees of land vested in it by section 6 or 7 shall be necessary.

(7) In this section, special trust means any trust other than a trust for the general purposes of the Fellowship.