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
1U.K.In the construction of these presents the following expressions shall have the following meanings, viz.:—
(a)“The settlor” shall mean the said Sir Arthur Hamilton Lee.
(b)“Lady Lee” shall mean Ruth Moore Lee his present wife.
[F1(c) “ The custodian trustee ” shall mean the Public Trustee. ]
(d)“The Act” shall mean the said intended Act of Parliament confirming these presents if and when the same shall receive the Royal assent.
[F2(e) “ The administrative trustees ” shall mean a body of trustees consisting (during the lifetime of Lady Lee) of Lady Lee and the following persons and (after the death of Lady Lee) consisting of the following persons viz.:—
1.The person who is for the time being [F3the Chancellor of the Duchy of Lancaster] .
2.A person appointed by the Prime Minister.
3.A person appointed by the [F4Secretary of State.]
4.The person who is for the time being chairman of the Executive Committee of the National Trust for Places of Historic Interest or Natural Beauty.
5.The Public Trustee.
(f)Any person appointed under the last preceding paragraph by a person holding office as Prime Minister or as [F4Secretary of State] shall continue to hold that appointment (whether the person who appointed him continues to hold the relevant office or not) until he resigns or dies or his appointment is terminated by the person for the time being holding the relevant office (whichever first occurs).
(g)The appointment or termination of the appointment of any person under this clause by the Prime Minister or the [F4Secretary of State] shall be made by an instrument in writing signed by the Prime Minister or the [F4Secretary of State] as the case may be and the resignation of any person appointed under this clause shall be effected by an instrument in writing signed by that person.]
(g) (h) . . . F5
(i)“The Chequers Trust Fund” shall mean a sum of not less than fifty-five thousand pounds (which may be added to from time to time) to be paid by the settlor as hereinafter provided and the investments for the time being representing the same [F6and any money or other property which constitutes or represents capital money arising under the powers hereby conferred (including powers conferred by the M1Settled Land Act 1925 in so far as they apply for the purposes hereof) together with any other accretion to the money or property from time to time comprised in the said Fund and together also with any money or property which may from time to time be given or directed to be held upon the trusts applicable to the said Fund and accepted by the Public Trustee with the concurrence of the administrative trustees upon those trusts.]
Textual Amendments
F1Clause 1(c) substituted by Chequers Estate Act 1958 (c. 60), Sch. para. 1
F2Clause 1(e)–(g) substituted for clause 1(e)(f) by Chequers Estate Act 1958 (c. 60), Sch. para. 2
F3Words in Sch. in clauses 1(e) and 10 substituted (14.12.2016) by The Transfer of Functions (Chequers and Dorneywood Estates) Order 2016 (S.I. 2016/1113), arts. 1(2), 6 (with art. 5)
F4Words substituted by virtue of S.I. 1962/1549, art. 2 and 1970/1681 arts. 2(1), 6(3)
F5Clause 1(g)(h) repealed by Chequers Estate Act 1958 (c. 60), Sch. para. 3
F6Words and clause 1A added by Chequers Estate Act 1958 (c. 60), Sch. para. 4
Marginal Citations
1aU.K.In the construction of these presents any reference to any enactment shall (except in so far as the context otherwise requires) be construed as a reference to that enactment as amended by or under any other enactment.