Modifications etc. (not altering text)
C1In the deed, as amended by Chequers Estate Act 1958 (c. 60), Sch. paras. 1–17, any reference to the Chequers Estate shall (notwithstanding the definition of that expression in the recital in the deed) be construed as a reference to so much of the hereditaments conveyed by the indenture dated 5.4.1917 referred to in the said recitals as for the time being remains vested in the custodian trustee (as defined by the deed as so amended) in his capacity as custodian trustee thereunder: Chequers Estate Act 1958 (c. 60), Sch. para 18
5U.K.The settlor hereby convenants with the Public Trustee as follows:—
(a)That he or his legal personal representatives will as soon as possible but not later than three calendar months after His Majesty’s assent shall have been given to the Act create the Chequers Trust Fund by paying to the Public Trustee or transferring to him fifty-five thousand pounds five per cent. War Loan Stock of or guaranteed by the United Kingdom . . . F1
(b)That on the death of the settlor or at such earlier date as he may appoint the whole of the live and dead farming stock on the Chequers farms belonging to him shall be handed over to the custodian trustee in order that the said farms may be carried on as fully stocked under the trusts hereinafter declared.
Textual Amendments
F1Words repealed by Chequers Estate Act 1958 (c. 60), Sch. para. 5