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GREEK ORTHODOX ARCHDIOCESE OF AUSTRALIA CONSOLIDATED TRUST ACT 1994 - SECT 21
Vesting of property in the Trust after the appointed day
21 Vesting of property in the Trust after the appointed day
(1) This section applies to: (a) an instrument (including a will) that takes
effect on or after the appointed day, or
(b) articles of association of a
corporation under which the winding up of the corporation commences on or
after the appointed day,
if the Trust by resolution declares that the section
applies to that instrument or to those articles of association.
(2) To the
extent to which any property: (a) is given to the Church or to a person (other
than the Trust) for the benefit of the Church, or
(b) is payable to, or
receivable by, the Church or any person (other than the Trust) on behalf of
the Church, or
(c) is recoverable by the Church or by any person (other than
the Trust) for the Church, or
(d) would, on the winding up of any corporation
operating within the Church or under the auspices of the Church, have been
given to the company if the company had not been dissolved,
by or under an
instrument, or any articles of association, to which this section applies, a
reference in the instrument or articles to the Church, the company or that
person, is to be treated as a reference to the Trust.
(3) In this section,
"Church" includes the Archdiocese and His All Holiness the Ecumenical
Patriarch in Constantinople (Istanbul).
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