Hospital Foundations Act 2018
sec.74Status of particular property on dissolution of foundation
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sec.74 Status of particular property on dissolution of foundation
This section applies if— a foundation is dissolved; and on the dissolution, there is land— granted, under the Land Act 1994 , in trust to the foundation; or reserved, under the Land Act 1994 , for the purposes of the foundation. The land does not form part of the assets of the foundation for its dissolution. (sec.74-ssec.1) This section applies if— a foundation is dissolved; and on the dissolution, there is land— granted, under the Land Act 1994 , in trust to the foundation; or reserved, under the Land Act 1994 , for the purposes of the foundation. (sec.74-ssec.2) The land does not form part of the assets of the foundation for its dissolution.
- (a) a foundation is dissolved; and
- (b) on the dissolution, there is land— (i) granted, under the Land Act 1994 , in trust to the foundation; or (ii) reserved, under the Land Act 1994 , for the purposes of the foundation.
- (i) granted, under the Land Act 1994 , in trust to the foundation; or
- (ii) reserved, under the Land Act 1994 , for the purposes of the foundation.
- (i) granted, under the Land Act 1994 , in trust to the foundation; or
- (ii) reserved, under the Land Act 1994 , for the purposes of the foundation.