Power of Synod to alter trusts
33 Power of Synod to alter trusts
Subject to subsection (2), in a case where, by reason of the circumstances subsequent to the creation of the trusts, including trusts declared under this section, to which any property vested in the Trust is for the time being subject, it has in the opinion of the Synod become impossible or inexpedient to carry out or observe those trusts, the Synod may, by resolution, declare that such is its opinion, and by the same or a subsequent resolution may declare other trusts for or for the use, benefit, or purpose of the Church instead of the first-mentioned trusts, and those first-mentioned trusts thereupon, by force of that resolution, cease and determine, and that property shall thereupon be held on those other trusts accordingly.
Any property in respect of which other trusts are declared under subsection (1) shall be dealt with for the same purposes as nearly as may be as the purposes for which the property was held immediately before the resolution declaring those other trusts was passed, unless the Synod, by resolution, declares that, by reason of circumstances subsequent to the creation of the first-mentioned trusts, it is, in the opinion of the Synod, impossible or inexpedient to deal with or apply that property or some part of it for the same or the like purposes, in which case that property may be dealt with and applied for the use and benefit of the Church for such other purposes as are declared by resolution of the Synod.
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