CHARITIES ACT 1978 - SECT 7I Part continues to apply if corpus exceeds initial limits
CHARITIES ACT 1978 - SECT 7I
Part continues to apply if corpus exceeds initial limitsIf the Attorney-General, under section 7H, has approved the application of
this Part to trustees in respect of property given for charitable purposes
which is eligible property at the time of that approval, this Part continues
to apply despite the total value of the corpus of that property subsequently
exceeding the relevant amount specified in the definition of eligible property
.
Pt 1B (Heading and ss 7J– 7M) inserted by No. 73/2006 s. 3.
Part IB—Charitable trusts
S. 7J inserted by No. 73/2006 s. 3.