Victoria University of Technology Act 1990 - SECT 56 Land used by an Amalgamating Institute

This legislation has been repealed.

Victoria University of Technology Act 1990 - SECT 56

Land used by an Amalgamating Institute

56. Land used by an Amalgamating Institute



(1) On the Appointed Day, the land described in Part 1 of the Schedule vests
in fee simple in the University subject to-

   (a)  the terms, conditions, covenants, limitations, exceptions,
        reservations and restrictions to which the land was subject
        immediately before the Appointed Day; and

   (b)  the condition that the University must not-

   (i)  sell, mortgage or otherwise dispose of the land or any part of it; or

   (ii) use or permit to be used the land or any part of it otherwise than for
        the purposes of the University- without the approval in writing of the
        Minister.

* * * * *



(3) The Governor in Council, on behalf of the Crown, may grant to the
University the land described in Part 2 of the Schedule for an estate in fee
simple subject to-

   (a)  the condition that any land reserved under an Order in Council
        published in a Government Gazette listed in Part 2 of the Schedule
        must be used for the purpose for which it is reserved; and

   (b)  any other terms, conditions, covenants, reservations, exceptions,
        limitations or restrictions that the Governor in Council determines.

(4) No compensation is payable by the Crown in respect of anything done under
or arising out of this section.