That that Memorandum of Understanding between Torbay Council and The Oldway Trust, as set out in Appendix 1 to this Record of Decision, be approved.

To enable the Council to register The Oldway Trust as a Charitable Incorporate Organisation.

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This decision will come into force immediately.

Following the expansion of the Oldway Working Party to incorporate all interested parties, it has been agreed to establish the Oldway Trust which will be registered with the Charity Committee.  At its meeting held on 14 October 2019, the Working Party also supported a draft Memorandum of Understanding which proposed that funds raised would help with the conservation, repair and adaptation of Oldway Mansion and associated buildings for the benefit of the public.

The Memorandum of Understanding provides for the proposed registration of The Oldway Trust for the pursuance of the following charitable object:

For the public benefit, to advance the heritage of Torbay and its surroundings, through the preservation, restoration, development, operation and maintenance of Oldway Mansion, its associated buildings, site and landscape, to advance the education of the public by providing public access to these buildings and engaging the public in their heritage.

The proposed Memorandum of Understanding sets out how Torbay Council and The Oldway Trust will work towards the above objectives, as set out at Appendix 1 to this Record of Decision.

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