Northern Territory Consolidated Acts Northern Territory Consolidated Acts7. Trustees
(1) There is hereby established a Land Trust for the sanctuary to be known as the Cobourg Peninsula Sanctuary Land Trust.
(2) The Land Trust -
(a) is a body corporate with perpetual succession;
(b) shall have a common seal; and
(c) is capable, in its corporate name, of suing and being sued.
(3) The common seal of the Land Trust shall be kept by a member of the staff of the Land Council authorized by the Land Council for that purpose.
(4) The common seal of the Land Trust shall be affixed to a document only with a written authority signed by the Chairman and at least 2 other members of the Land Trust.
(5) All courts, judges and persons acting judicially shall take judicial notice of the common seal of the Land Trust affixed to a document and shall assume that it was duly affixed.
(6) The Land Trust shall have such functions and duties as are given to or imposed on it by or under this Act and shall have such powers as are reasonably necessary to enable it to carry out its functions and duties.
(7) The Land Trust -
(a) shall not perform its functions except in accordance with a direction given to it by the Board; and
(b) where such a direction is given to it, shall take action in accordance with the direction.