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BAPTIST CHURCHES OF NEW SOUTH WALES PROPERTY TRUST ACT 1984 - SECT 28
Reimbursement of the Trust
28 Reimbursement of the Trust
(1) Where: (a) the Trust is required to pay to any other person any money for
which it is liable by reason of: (i) its having complied with a direction of a
congregation, or
(ii) its having lawfully incurred the liability on behalf of
the congregation, and
(b) the money has not been paid to the Trust or on
behalf of the Trust to the other person within 6 months of the service on the
congregation in accordance with subsection (3) of a written notice: (i)
requiring payment of the money, and
(ii) stating the intention of the Trust
to exercise its powers under this section,
the Trust may: (c) mortgage or sell
all or any trust property held by the Trust on behalf of the congregation at
such time, in such manner and upon such terms and conditions as it thinks fit,
and
(d) out of the proceeds of the mortgage or sale, pay the money the
subject of the notice to the Trust or other person, as the case may require,
and reimburse the Trust or pay, as the case may require, all interest and
other expenses, including legal costs, if any, incurred in connection with the
exercise of its powers under this section.
(2) Any residue of money held by
the Trust after it has exercised its powers under subsection (1) with respect
to trust property held by it for the benefit of a congregation shall continue
to be held by the Trust in accordance with this Act for the benefit of the
congregation.
(3) A notice is served on a congregation in accordance with
this section: (a) where there is a secretary or deacon of the congregation, if
it is served personally on the secretary or deacon,
(b) where there is no
secretary or deacon of the congregation, if it is served personally on 2
members of the congregation and: (i) it is affixed to the noticeboard or door
of the church in which the congregation worships for the time being, or
(ii)
where there is no such church, it has been exhibited on 3 consecutive Sundays
upon land used, occupied or enjoyed by the congregation.
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