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Section 11: Property and funds

Leonard Cheshire Mauritius Act

consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

11. Property and funds (1) The property of the Foundation or any fund or money of which the Foundation may become possessed at any time shall be applied towards the furtherance of the objects of the Foundation. (2) No portion of any property, fund or money of the Foundation shall be distributed or transferred in any manner by way of dividend, bonus or otherwise.

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