08. Sealed Court Orders 1989

Two court orders were sealed in relation to the transition from the Old School Village Hall to the new site.

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These orders were made on the basis of:

• the Custodian Trustee’s signed declaration
• the Managing Trustees’ Form 14 submission

The first order authorised the sale of the existing charity property.
The second authorised the use of that property as security for borrowing, to fund construction of the new hall.

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Effect of the Orders

The orders lifted the usual legal restrictions on the disposal and mortgaging of charity property, subject to conditions.

They record that:

• the sale proceeds were to be applied to the provision of a new village hall
• the charity would continue to operate under the trusts established in the 1976 governing document
• the arrangements had been reviewed and certified as being in the interests of the charity

The borrowing order also records that the new community centre was to be constructed “on land belonging to the charity.”

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Implementation

The orders were acted upon immediately. Payments to contractors followed within days, and the sale of the Old School completed shortly afterwards. The proceeds were applied in full to the construction of the new village hall.