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Charities Bill [HL]

My Lords, the noble Lord, Lord Phillips, makes an interesting point because Clause 3(5)(c) of the 1993 Act refers to,"““any charity which has neither—""(i) any permanent endowment, nor""(ii) the use or occupation of any land,""and whose income from all sources does not in aggregate amount to more than £1,000 a year””." I liked what my noble friend Lord Hodgson said but I wonder if he would be prepared to combine it by bringing forward another amendment at Third Reading to bring in the capital assets of the charity. I can see that the capital assets of a charity need to be protected. I agree with that. I have never argued against that. Such a measure could help assuage the fears of the noble Lord, Lord Phillips. Otherwise, I support my noble friend’s amendment.