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SYDNEY OPERA HOUSE TRUST ACT 1961 - SECT 18 Gifts, endowments, bequests and devises

SYDNEY OPERA HOUSE TRUST ACT 1961 - SECT 18

Gifts, endowments, bequests and devises

18 Gifts, endowments, bequests and devises

(1) The Trust shall have power to acquire by gift inter vivos, endowment, bequest or devise, any property for any of the purposes of this Act, and to agree to the condition of any such gift, endowment, bequest or devise.
(2) The rule of law relating to perpetuities shall not apply to any such condition to which the Trust has agreed.
(3) The Duties Act 1997 does not apply to or in respect of any gift inter vivos, endowment, bequest or devise made or to be made to the Opera House or the Trust.