NATIONAL PARKS AND WILDLIFE ACT 1974 - SECT 148
Power of Minister to accept gifts
NATIONAL PARKS AND WILDLIFE ACT 1974 - SECT 148
Power of Minister to accept gifts
148 Power of Minister to accept gifts
(1) The Minister may acquire, by gift inter vivos, devise or bequest, any
property for the purposes of this Act, the Wilderness Act 1987or the
Threatened Species Conservation Act 1995 and may agree to the condition of
any such gift, devise or bequest.
(2) The rule of law against remoteness of
vesting shall not apply to any such condition to which the Minister has
agreed.
(3) Where the Minister acquires property under subsection (1)--
(a)
neither an instrument that effects the acquisition nor any agreement pursuant
to which the property is acquired is chargeable with duty under the
Stamp Duties Act 1920 , and
(b) the property, or the value of property,
shall not be included in the dutiable estate of the donor or testator for the
purposes of assessing death duty under that Act.