 This definition was amended by the Charities Act 2006 to replace " the spirit of the gift " with " the appropriate considerations , " which are defined as " ( on the one hand ) the spirit of the gift concerned , and ( on the other ) the social and economic circumstances prevailing at the time of the proposed alteration of the original purposes " . In the case of extremely small charitable trusts ( where the charity has an income of less than £ 5 @,@ 000 and holds no land ) the trustees may agree by a two @-@ thirds majority to transfer the property to another charity , without involving the High Court or Commission . This is contained in Sections 74 @-@ 5 of the 1993 Act . Once the decision is reached , public notice must be given , and the Commission informed . Cy @-@ près powers are now enacted in the Charities Act 2011 . 
