New South Wales Consolidated Acts

WALKER TRUSTS ACT 1938 - SECT 14

14 Vesting in the Thomas Walker Convalescent Hospital

(1) All land and other property vested in or held by the trustee of the will and codicil of Thomas Walker deceased in trust for the Thomas Walker Convalescent Hospital immediately prior to the commencement of this Act shall vest in the body corporate named The Thomas Walker Convalescent Hospital for all the estate and interest therein previously held by the trustee of the will and codicil of Thomas Walker deceased and, until dissolved, the body corporate shall be entitled to all the powers, authorities and discretions and be subject to all the trusts and obligations respectively to which the trustee of the will and codicil of Thomas Walker deceased was for the purposes of such hospital entitled or subject immediately prior to the commencement of this Act.

(2) The Thomas Walker Convalescent Hospital shall be deemed always to have had power under the trusts and obligations referred to in subsection (1) to agree to, and allow, the occupation of the Thomas Walker Convalescent Hospital by another person or body and to allow that hospital to be conducted as an adolescent convalescent and rehabilitation unit.