New South Wales Consolidated Acts
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FELLOWSHIP OF CONGREGATIONAL CHURCHES (NEW SOUTH WALES) INCORPORATION ACT 1977 - SECT 9
Vesting of land in trustees on appointed day
9 Vesting of land in trustees on appointed day
(1) Subject to this Act, any land described in Schedule 7 that, immediately
before the appointed day, was vested in The Congregational Union of New South
Wales is hereby divested from that Union and is, to the extent that it was so
vested immediately before that day, hereby vested (without conveyance) in the
persons specified in that Schedule opposite the description of the land.
(2)
The land described in Schedule 7 shall be held by the persons in whom it is
vested by subsection (1) as trustees.
(3) The trustees of any land described
in Schedule 7 shall hold the land in trust for the Church specified in
Schedule 7 opposite the description and upon any other trust affecting the
land.
(4) Subject to subsection (3), the trustees of any land described in
Schedule 7 shall hold the land in accordance with the directions and
resolutions of meetings of the Church specified in that Schedule opposite the
description of the land.
(5) The land described in Schedule 7 is freed and
discharged from the provisions and trusts of The Congregational Union
Incorporation Act.
(6) The vesting effected by subsection (1) shall be
without prejudice to any reservation, mortgage, charge, encumbrance, lien, or
lease, that, immediately before the appointed day, affected the land vested.
(7) It is hereby declared that the Trustee Act 1925 applies to and in respect
of the trustees referred to in this section.
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