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.