Victorian Bills Victorian Bills[Index] [Search] [Download] [Related Items] [Help]
This is a Bill, not an Act. For current law, see the Acts databases.
PARLIAMENT OF VICTORIA
Royal Victorian Institute for the Blind and other
Agencies (Merger) Act 2005
Act No.
TABLE OF PROVISIONS
Clause Page
1. Purpose 2
2. Commencement 2
3. Definitions 2
4. Bequests, gifts, dispositions and trusts 3
ENDNOTES 4
i
551351B.I1-16/8/2005 BILL LA INTRODUCTION 16/8/2005
PARLIAMENT OF VICTORIA
A BILL
to provide that certain bequests, gifts, dispositions and trusts have
effect as if made or declared to or in favour of Vision Australia
Limited and for other purposes.
Royal Victorian Institute for the Blind
and other Agencies (Merger) Act 2005
Preamble
RBS.RVIB.VAF Limited was incorporated under
the Corporations Act on 11 May 2004.
A merger of the Royal Victorian Institute for the
Blind Limited, Royal Blind Society of New South
Wales and Vision Australia Foundation was
carried out through a scheme of arrangement
approved by the Federal Court of Australia on
6 July 2004 under which, among other things, the
property, undertakings and liabilities of each of the
merged agencies were vested in RBS.RVIB.VAF
Limited.
1
551351B.I1-16/8/2005 BILL LA INTRODUCTION 16/8/2005
Royal Victorian Institute for the Blind and other Agencies
(Merger) Act 2005
s. 1
Act No.
On 28 July 2005, RBS.RVIB.VAF Limited
changed its name to Vision Australia Limited.
It is expedient to provide that certain bequests,
gifts, dispositions or trusts made in favour of any
of the merged agencies take effect as if made in
favour of Vision Australia Limited.
The Parliament of Victoria therefore enacts as follows:
1. Purpose
The purpose of this Act is to provide that certain
bequests, gifts, dispositions and trusts have effect
as if made or declared to or in favour of Vision
Australia Limited.
5
2. Commencement
This Act comes into operation on the day after the
day on which it receives the Royal Assent.
3. Definitions
In this Act--
10
"Combined Agency" means Vision Australia
Limited ACN 108 391 831;
"merged agencies" means--
(a) Royal Blind Society of New South
Wales ACN 107 867 961;
15
(b) Royal Victorian Institute for the Blind
Limited ACN 053 864 841;
(c) Vision Australia Foundation
ACN 007 428 284;
2
551351B.I1-16/8/2005 BILL LA INTRODUCTION 16/8/2005
Royal Victorian Institute for the Blind and other Agencies
(Merger) Act 2005
s. 4
Act No.
"merger" means the merger of the merged
agencies that took place through a scheme of
arrangement made under section 411 of the
Corporations Act and approved by the
Federal Court of Australia on 6 July 2004;
5
"property" means any legal or equitable estate or
interest (whether present or future and
whether vested or contingent) in real or
personal property of any description;
"will" includes a codicil and any testamentary
10
disposition.
4. Bequests, gifts, dispositions and trusts
(1) This section applies if before, on or after the
commencement of this Act and whether before, on
or after the date of the merger--
15
(a) a bequest, gift, disposition or trust of
property has been or is made or declared or
is deemed to have been made or declared; or
(b) a trust fund has been or is created--
(whether by deed, will or otherwise) to, in favour
20
of, for the use of, or for a charitable purpose of,
any of the merged agencies.
(2) A bequest, gift, disposition or trust of a kind
referred to in sub-section (1) takes effect, or the
trust fund may be applied, as if made, declared or
25
created to or in favour of, or for the use of, the
Combined Agency, or for a charitable purpose of
the Combined Agency that corresponds with, or is
similar to, a charitable purpose of the relevant
merged agency for which the bequest, gift,
30
disposition or trust was made or declared or the
trust fund was created.
3
551351B.I1-16/8/2005 BILL LA INTRODUCTION 16/8/2005
Royal Victorian Institute for the Blind and other Agencies
(Merger) Act 2005
Endnotes
Act No.
ENDNOTES
By Authority. Government Printer for the State of Victoria.
4
551351B.I1-16/8/2005 BILL LA INTRODUCTION 16/8/2005
[Index] [Search] [Download] [Related Items] [Help]