Victorian Consolidated Legislation

Lord Mayor's Charitable Fund Act 1996 - SECT 8

Functions of the Board

8. Functions of the Board

The functions of the Board are-

   (a)  to hold and administer the Fund; and

   (b)  to obtain contributions to the Fund whether by gift, settlement,
        bequest, devise, subscription or any other means if the acceptance is,
        in the opinion of the Board, in the interests of the Fund; and

   (c)  to act as trustee of money or other property given to the Fund and to
        administer that money or other property in accordance with the
        conditions of any trust where those conditions are not inconsistent
        with this Act; and

   (d)  to receive money intended by a donor for transmission to a charitable
        organisation specified by the donor and transmit it in accordance with
        the donor's intentions; and

   (e)  to apply from the Fund amounts of money approved by the Board, for the
        benefit of eligible charitable organisations approved by the Board;
        and

   (f)  to manage, or assist in the management of, an organisation established
        for the purpose of obtaining contributions to the Fund; and

   (g)  to confer and co-operate with the government of Victoria, government
        departments, statutory bodies, municipal councils and other persons or
        bodies with respect to furthering the objects of the Fund.