Church Commissioners (Loans for Theological Colleges and Training Houses) Measure 1964
Jurisdiction | UK Non-devolved |
Citation | measure 1964 No. 1 |
Year | 1964 |
Church Commissioners (Loans for Theological Colleges and Training Houses) Measure 1964
1964
A MEASURE passed by the National Assembly of the Church of England to enable the Church Commissioners to make or guarantee loans to defray capital expenditure in connection with establishments for the training of men for the Ministry and of women for work in connection with the cure of souls.
[27th February 1964]
1 Power to make or guarantee loans for expenditure in connection with theological colleges and other establishments.
The Church Commissioners (hereinafter referred to as ‘the Commissioners’) may from time to time, on the application of the Central Board of Finance of the Church of England:—
Provided that the totals at any one time of sums lent, and of principal sums guaranteed, by the Commissioners under this section shall together not exceed the sum of one million pounds.
2 Definition or colleges and establishments to which Measure applies.
(1) Loans may be made or guarantees given under the preceding section in respect of colleges and establishments which are, or which it is proposed to establish as:—
( a ) theological colleges for the training of candidates for ordination as ministers of the Church of England; or
( b ) establishments for the preliminary training of persons accepted for ordination before their entry into such theological colleges; or
( c ) establishments of which the primary purpose is...
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