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TECHNICAL AND FURTHER EDUCATION COMMISSION ACT 1990 - SECT 23 Powers of the TAFE Commission relating to property

TECHNICAL AND FURTHER EDUCATION COMMISSION ACT 1990 - SECT 23

Powers of the TAFE Commission relating to property

23 Powers of the TAFE Commission relating to property

(1) The TAFE Commission may acquire by gift, bequest or devise any property for the purposes of this Act and may agree to carry out the conditions of any such gift, bequest or devise.
(2) The TAFE Commission must not, except with the approval of the Minister, alienate, mortgage, charge or demise any of its land.
(3) Despite subsection (2), the TAFE Commission may, without the approval of the Minister, lease any of its land if:
(a) the term of the lease does not exceed 21 years, and
(b) there is reserved for the whole of the term the highest rent that can reasonably be obtained.
(4) The rule of law against remoteness of vesting does not apply to or in respect of any condition of a gift, bequest or devise to which the TAFE Commission has agreed.