← belizelaw.ai · Trusts, Cap. 202 · PART V — Termination or Failure of Trusts
Application of property held on Charitable Trusts
Cap. 202, s. 45 · Revised Edition 2020
(1) Where trust property is held for a charitable purpose and–
(a) the purpose has been, as far as may be,
fulfilled;
(b) the purpose cannot be carried out at all, or not according to the directions given and to the spirit of the gift;
(c) the purpose provides a use for part only of the
(d) the property, and other property applicable for a similar purpose, can be more effectively used in conjunction, and to that end can more suitably be applied to a common purpose;
(e) the purpose was laid down by reference to an area which was then, but has since ceased to be, a unit for some other purpose, or by reference to a class of persons or to an area which has for any reason since ceased to be suitable or to be practicable in administering the gift;
(f) the purpose has been adequately provided for by other means;
(g) the purpose has ceased to be charitable, by being useless or harmful to the community or otherwise; or 38
(h) the purpose has ceased in any other way to provide a suitable and effective method of using the property,
or the remainder of the property, as the case may be, shall be held for such other charitable purpose as the Court, on the application of the Attorney General or the trustee, may declare to be consistent with the original intention of the settlor.
(2) Where trust property is held for a charitable purpose, the Court, on the application of the Attorney General or the trustee,
may approve any arrangement which varies or revokes the purposes or terms of the trust or enlarges or modifies the powers of management or administration of the trustee, if it is satisfied that the arrangement–
(a) is now suitable or expedient; and
(b) is consistent with the original intention of the
(3) The Court shall not make a declaration under sub-section
(1) or approve an arrangement under sub-section (2) unless satisfied that any person with a material interest in the trust has had an opportunity of being heard.
Have a question about this section? Ask belizelaw.ai →