New South Wales Consolidated Acts

TEACHER HOUSING AUTHORITY ACT 1975 - SECT 16

16 Authority may accept gifts etc

(1) The Authority may acquire by gift, bequest or devise any property for the purposes of this Act and may agree to the condition of any such gift, bequest or devise.

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

(3) The Stamp Duties Act 1920 does not apply to or in respect of any gift, bequest or devise made to the Authority.