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单词 reverter of sites
释义

reverter of sites
Reversion of land donated for charitable purposes to the donor or his successors in title when the land ceases to be used for the specified purposes. Many of these donations occurred under 19th-century statutes to enable voluntary schools, libraries, museums, and churches and chapels to be established. Since that time, many of these charitable purposes have ceased, and it has often proved difficult to trace the beneficial owners entitled to the reverter. Under the Reverter of Sites Act 1987, when a charitable purpose comes to an end, the trustees holding the land are given a right to manage it and keep it in repair. If the beneficial owner remains unidentifiable, the land can be sold and the proceeds used for charitable purposes. Case: Fraser v Canterbury Diocesan Board of Finance [2005] UKHL 65, [2006] 1 All ER 315.

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更新时间:2024/10/27 3:33:19