Diocesan Boards of Finance Measure, 1925
| Jurisdiction | UK Non-devolved |
| Citation | measure 1925 No. 3 |
| Year | 1925 |
Diocesan Boards of Finance Measure, 1925.
(15 & 16 Geo. 5.)
AM E A S U R E
passed by
The National Assembly of the Church of England.
To make provision for the Powers, Duties and Constitution of Diocesan Boards of Finance.
[22nd December 1925]
1 Diocesan Boards of Finance.
(1) Subject to the provisions of this Measure, the Diocesan Conference of every diocese shall proceed to constitute for such diocese a Diocesan Board of Finance conforming with the provisions of this Measure.
(2) Subject to the provisions of this Measure, every Diocesan Board of Finance shall be registered as a Company under the Companies Acts, 1908 to 1917, with a Memorandum and Articles of Association containing provisions to the following effect, that is to say:—
( a ) empowering the Company to hold real and personal property for purposes connected with the Church of England;
( b ) empowering the Company to perform, work and to transact business in connection with the Church of England and the diocese concerned and to act as a committee of the Diocesan Conference of such diocese;
( c ) conferring such further powers on the Company as the Diocesan Conference of the diocese concerned may think necessary or expedient in view of the requirements of the diocese;
( d ) providing that the Bishop of the diocese concerned shall ex officio be a member of the Company entitled to vote at meetings of the Company, and that the other members of the Company entitled to vote at meetings of the Company shall not exceed a specified number, not less than three-fourths of whom shall be elected by the Diocesan Conference of the diocese concerned (or, if the Memorandum and Articles of Association so provide or allow, wholly or in part by the Ruri-decanal Conferences of the diocese), and the remainder of whom shall be elected, nominated or co-opted in such manner as the Memorandum and Articles of Association may provide or allow, but so that—
(i) not less than two-thirds of the members of the Company elected by the Diocesan Conference or the Ruri-decanal Conferences as the case may be shall be members of the Diocesan Conference; and
(ii) a majority of the members of the Company shall be laymen.
2 Adoption of existing bodies as Diocesan Boards of Finance.
(1) Where in any diocese there is established an existing Board of Finance, or there being no existing Board of Finance there is a...
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