New South Wales Consolidated Acts

GREEK ORTHODOX ARCHDIOCESE OF AUSTRALIA CONSOLIDATED TRUST ACT 1994 - SECT 16

16 Co-operative use of property

(1) In this section, "scheme of co-operation" means a scheme entered into by the Trust:

(a) with or involving a church of another denomination or any congregation or activity of such a church, and

(b) concerning the use of trust property.

(2) The Trust may permit trust property to be used and managed for the purposes of a scheme of co-operation on such terms and conditions as the Trust determines.

(3) Any proceeds derived by the Trust from a scheme of co-operation are to be applied in the manner determined by the Trust.

(4) Conditions that the Trust may determine under this section include:

(a) conditions with respect to the making of monetary contributions towards the acquisition, construction, alteration, maintenance or repair of property vested in or held on behalf of a co-operating church or congregation, and

(b) the giving or taking of a security or charge over any property.

(5) Trust property may be used in accordance with a scheme of co-operation except to the extent that the property is subject to an express trust expressly forbidding its use in that manner.

(6) Trust property is not to be regarded as property that is subject to an express trust expressly forbidding its use under a scheme of co-operation merely because it is directed to be held in trust for worship within, or for the purposes of, the Church.