Commonwealth Consolidated Acts
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NATIONAL GALLERY ACT 1975 - SECT 10
Exchange of works of art
- (1)
- Where the Council is satisfied that the exchange of a work of art in the
national collection for another work of art would be advantageous to the
collection, the Gallery may make that exchange.
- (2)
- An agreement for an
exchange under subsection (1) may include an undertaking by one party to
pay an amount to the other party in recognition of the difference in value
between the works of art to be exchanged.
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