New South Wales Consolidated Acts

TRUSTEES OF SCHOOLS OF ARTS ENABLING ACT 1902 - SECT 8

8 Sale, lease, and mortgage

(1) After the confirmation of such resolution as aforesaid and after obtaining the written consent hereinbefore mentioned, and not otherwise, the trustees may sell, lease, or mortgage the lands, in respect of which such resolution was passed and consent given, according to the terms of such consent;
Provided that where the Minister has given consent generally, as in the next preceding section provided, no lands shall be sold or leased in pursuance of such consent, unless in each case the price agreed upon or rent reserved has been submitted to and approved of by the Minister.

(2) A mortgage under this Act may contain a power of sale.