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
[F18AU.K.For the purposes of section twenty-nine of the M1Settled Land Act 1925 the trusts hereof shall be deemed to be public trusts and accordingly the powers referred to in subsection (1) of that section shall be exercisable by the administrative trustees in relation to the Chequers Estate provided that the powers to sell lease or exchange land and the power to raise money on the security of land—
(a)shall not apply to the mansion house or to the gardens adjacent thereto or any part thereof, and
(b)shall not be exercised in respect of any other part of the Chequers Estate unless the transaction has previously been approved by the person who (on the date of the contract of sale or other contract in question) is the Prime Minister.]
Textual Amendments
F1Clauses 8A–8E inserted by Chequers Estate Act 1958 (c. 60), Sch. para. 10
Marginal Citations