DRAFT OF A MEASURE of the General Synod of the Church of England to

enable money from the income account of a diocesan stipends fund to be

given to other dioceses.

1 Distribution of income to other dioceses

After section 5A of the Diocesan Stipends Fund Measure 1953 insert—

“5B Distribution of income to other dioceses

(1) Money standing to the credit of the income account of the diocesan

stipends fund of a diocese, and which the diocesan board of finance is

satisfied does not need to be applied for a purpose specified in section

5(1), may be applied in accordance with this section.

(2) The diocesan board of finance may transfer the money concerned—

(a) to the income account of the diocesan stipends fund of another

diocese, or

(b) to the account held for the purposes of this section by a charity

(whether established before or after the passing of this

Measure).

(3) Where money is transferred under subsection (2)(b), the charity, having

decided to which diocese or dioceses to give the money, must—

(a) if it decides to give the money to one diocese only, transfer it to

the income account of the diocesan stipends fund of that

diocese;

(b) if it decides to give separate portions of the money to different

dioceses, transfer each portion to the income account of the

diocesan stipends fund of the diocese concerned.”

2 Short title, commencement and extent

(1) This Measure may be cited as the Diocesan Stipends Fund (Amendment)

Measure 2022.

(2) This Measure comes into force on the day on which it is passed.

(3) This Measure extends to the provinces of Canterbury and York, except for the

Channel Islands and the Isle of Man.