Singapore legislation

Clause 13

of Charities Bill

Clause 13

Entrusting charity property to Public Trustee and termination of trust

(1)

The High Court may by order vest any property held by or in trust for a charity in the Public Trustee or authorise or require the persons in whom any such property is vested to transfer it to him, or appoint any person to transfer any such property to him; and such property may be vested in the Public Trustee with or without powers of management as the Court may direct.

(2)

Where any property is held by or in trust for a charity, or is comprised in any testamentary gift to a charity, the property may with the agreement of the Public Trustee be transferred to him; and his receipt for any such property comprised in a testamentary gift to a charity shall be a complete discharge of the personal representative.

(3)

Where property is vested in the Public Trustee in trust for a charity, the High Court may make an order discharging him from the trusteeship as respects all or any of that property.

(4)

Where the Public Trustee is discharged from his trusteeship of any property, or the trusts on which he holds any property come to an end, the High Court may make such vesting orders and give such directions as may seem to the Court to be necessary or expedient in consequence.

(5)

No person shall be liable for any loss occasioned by his acting in conformity with an order under this section or by his giving effect to anything done in pursuance of such an order, or be excused from so doing by reason of the order having been in any respect improperly obtained; and no vesting or transfer of any property in pursuance of this section shall operate as a breach of a covenant or condition against alienation or give rise to a forfeiture.

Clause 13 — Charities Bill | laws.sg