Citation 33 Hen 8 c 27 | ||
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Long title An Acte for Leases of Hospitales Colledges and other Corporacions be good and effectuall with the consent of the more partie. | ||
The Leases by Corporations Act 1541 (33 Hen 8 c 27) was an Act of the Parliament of England. The whole Act was repealed by section 39(1) of, and Schedule 5 to, the Charities Act 1960.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."
References
Leases by Corporations Act 1541 Wikipedia(Text) CC BY-SA