New South Wales Consolidated Acts

NATURE CONSERVATION TRUST ACT 2001 - SECT 14

14 Acquisition of property by gift, devise or bequest

(1) The Trust may acquire any property by gift, devise or bequest (whether on trust or otherwise) for the purposes of this Act and may agree to, and carry out, the conditions of any such gift, devise or bequest, but only if the carrying out of any such condition is not inconsistent with the functions of the Trust.

(2) The rule of law against remoteness of vesting does not apply to any condition of a gift, devise or bequest to which the Trust has agreed under this section.

(3) The Duties Act 1997 does not apply to or in respect of any gift, devise or bequest made or to be made to the Trust.