New South Wales Consolidated Acts

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CHARITABLE TRUSTS ACT 1993 - SECT 11

Duty of trustee to secure application of trust property cy pres

11 Duty of trustee to secure application of trust property cy pres

A charitable trust places a trustee under a duty, if the case permits and requires the trust property or any part of it to be applied cy pres, to secure its effective use for charitable purposes by taking steps to enable it to be so applied.



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