New South Wales Consolidated Acts

TRUSTEES OF SCHOOLS OF ARTS ENABLING ACT 1902 - SECT 7

7 Consent

(1) The Minister may in any case give consent, either as to the whole, or as to part of any lands in respect of which any application is made, and may at any time withdraw consent, either wholly or partially, or vary the terms and conditions thereof, if the Minister can do so without prejudice to the rights of third parties.

(2) In the case of an application for leave to sell or lease any lands, the Minister may give consent either generally by authorising the sale or lease of such lands subject to such conditions, restrictions, reservations, and covenants, and in such manner and within such time, as the Minister may think desirable, or by approving of particular contracts of sale or lease.

(3) In the case of an application for leave to mortgage any land, such general authority shall not be given, but the terms of the proposed mortgage shall in each case be submitted to the Minister for approval, and the Minister’s consent shall not, unless under circumstances which in the minute of approval the Minister certifies to be exceptional, be given to a mortgage of any lands for more than one half of their estimated value.