New South Wales Consolidated Acts

ENERGY AND UTILITIES ADMINISTRATION ACT 1987 - SECT 16

16 Power to accept gifts etc of property

(1) The Corporation may acquire by gift, bequest or devise any property for any of the purposes of this Act or any other Act administered by the Minister and may agree to carry out the conditions of the gift, bequest or devise.

(2) The rule of law relating to remoteness of vesting does not apply to any condition of a gift, bequest or devise to which the Corporation has agreed.