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Leases by Corporations Act 1541
The
Leases
by
Corporations Act
1541
was an
Act of the Parliament of England
. The
whole
Act
was
repealed
by
section
39
of, and
Schedule 5
to, the
Charities Act 1960
.
The Act
provided "that any
powers
belonging
to a
corporation
can be
exercised
by a
majority
of the corporators,
notwithstanding
any
directions
to
the
contrary
in their foundation
statutes
."