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Charities Bill [HL]

My Lords, I was shaking my head because the noble Lord has put it over-simply. In the normal course of events if a gift is made subject to a condition as to the use of that gift, the charity can use it only according to that condition. Most gifts are not of that nature, and are therefore usable for any purpose. If a charity finds itself in the position of having no other assets out of which to meet its obligations other than assets donated to it subject to condition or trust, in those circumstances it will have to have recourse to those earmarked gifts to discharge its obligations. I offer that to help.