SCHEDULES
SCHEDULE 5Charitable property on disbanding of units
Part IISuccession to charitable property: England and Wales
Saving for interests in property contingent on disbandment of unit
8
Nothing in this Part of this Schedule applies to any property held by a charity for the purposes of a unit that has been or is to be disbanded if, under the terms on which the property is so held—
a
any interest of the charity in the property is determined on the disbanding of that unit; and
b
any other person or charity has an interest in the property contingent upon the determination of the interest of the charity.