Act 7, 1947 (VII) – Act anent Congregational Funds on Deposit Receipt in Account of Custodier of Titles. 26th May 1947.

The General Assembly authorise the Finance Committee, on written application by the Congregations concerned, through the Congregational Court or Courts responsible, to uplift and invest, separately or in combination, in name of General Trustees’ Nominees, moneys standing at the credit of the Congregation on deposit receipt in the account of the Custodier of Titles; and, except where otherwise provided for, to add the interest received, less current administration charges, to capital, at half-yearly terms; uplifting of the principal sum being subject to due notice being given to the Treasurer of the Church and to the approval of the Custodier of Titles. The Congregation concerned shall accept the realisation value of money so invested in full settlement.

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The General Assembly, noting that annual statutory meetings of Provincial Synods have been suspended since 2009 General Assembly, and that the reduced number of Presbyteries in the Church has resulted in this tier of Church government becoming largely redundant, and desiring therefore that Provincial Synods be dissolved and removed …
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The General Assembly, noting the Government restrictions on travel and public gatherings due to the COVID19 pandemic, declare that the Assembly shall convene to take up urgent and time-critical business using the Zoom audio-visual technology platform. The General Assembly declare that the Assembly shall convene for one session only …