New South Wales Consolidated Acts

TRUSTEES OF SCHOOLS OF ARTS ENABLING ACT 1902 - SECT 14

14 Appointment of new trustees

(1) If any trustee, whether appointed as hereinafter provided or otherwise, resigns, or dies, or becomes bankrupt or insane, or if for any other reason it is not desirable that the trustee should continue in the administration of the trust, the members of the institution may, by a resolution duly passed and carried at a meeting specially convened for the purpose, of which not less than fourteen days’ notice shall be given in the manner provided in section five, declare the office of such trustee vacant, and thereupon the office of such trustee shall be vacant.

(2) A copy of such resolution shall be sent to the Minister.

(3) Thereupon such members may, at a second meeting, of which notice shall be given as aforesaid, elect one or more new trustees to fill the vacancy so caused.

(4) If the Minister approves of the new trustee or trustees so elected, or any of them, the Minister shall declare the Minister’s approval by notice in the Gazette.

(5) Such notice shall be evidence of the appointment of the new trustee or trustees so approved, and shall have the effect of divesting the estate of the trustee whose office was so vacated as aforesaid, and of vesting the trust property, together with all powers, rights, and choses in action relating thereto in the new trustee or trustees so approved as aforesaid jointly with the surviving or continuing trustee or trustees, if any.