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EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.19 Agreement to provide for establishment of funds for rents and profits

EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.19

Agreement to provide for establishment of funds for rents and profits

A trustee agreement must provide for one or more funds to be established by the trustee company for the benefit of the beneficiary schools into which the rents and profits referred to in section 5.7A.18(a) must be paid.

S. 5.7A.20 inserted by No. 28/2010 s. 17.