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Diocesan Stipends Funds (Amendment) Measure 2016

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Diocesan Stipends Funds (Amendment) Measure 2016

2016 No. 2

A Measure passed by the General Synod of the Church of England to enable the capital account of a diocesan stipends fund to be invested on a total return basis.

Enacted[16th March 2016]

1 Diocesan stipends fund: total return investment

After section 5 of the Diocesan Stipends Funds Measure 1953 insert—

2 Short title, commencement and extent

1 This Measure may be cited as the Diocesan Stipends Funds (Amendment) Measure 2016.
2 This Measure comes into force at the end of the period of two months beginning with the day on which it is passed.
3 This Measure extends to the whole of the provinces of Canterbury and York, except the Channel Islands and the Isle of Man.