New South Wales Consolidated Acts

PARRAMATTA PARK TRUST ACT 2001 - SECT 10

10 Acquisition of certain other property

(1) The Trust may agree to any condition that is not inconsistent with its objects being imposed on its acquisition of any property.

(2) The rule of law against remoteness of vesting does not apply to any such condition to which the Trust has agreed.

(3) If the Trust acquires any property by gift, devise or bequest, the Trust may retain the property in the form in which it was acquired, subject to any such condition to which the Trust has agreed.

(4) Duty under the Duties Act 1997 is not chargeable for or in respect of any gift, devise or bequest made or to be made to the Trust.