Part 5 Miscellaneous provisions
56Restrictions on approval of schemes
No scheme shall be approved by the court under Part 3, or by the court or the Attorney-General under Part 4, unless the court or the Attorney-General is satisfied—
- that the scheme is a proper one, and should carry out the desired purpose or proposal, and is not contrary to law or public policy or good morals; that the scheme can be approved under the Part of this Act under which the approval is sought; that every proposed purpose is charitable within the meaning of that Part of this Act and can be carried out; and that the requirements of that Part of this Act have been complied with in respect of the scheme:
- in any case where approval is sought under Part 4 and the Attorney-General has not dispensed under section 50 with the holding of a meeting of contributors, that the scheme is designed to give effect to the resolution of the meeting of contributors.
No refusal of the court or the Attorney-General to approve any scheme under this Act shall prevent fresh steps from being taken in accordance with this Act to obtain the approval to any other scheme in respect of the same property, income, or money.
Compare
- 1908 No 164 ss 20, 40, 42